Lanyou Technology T-Box becomes market share champion again-Maintaining industry leadership with over 1 million installed annually

On May 9, 2022, shujubang.com issued the 2020 Research Report on Global and Chinese Passenger Vehicle T-box Markets, summing up the current situation of the global and Chinese passenger vehicle T-Box markets (installation quantity and rate), functions, applications, development trends, products, market layout, etc.

Source: shujubang.com

In 2021, Lanyou Technology ranked top among domestic passenger vehicle T-box brands with an annual installation quantity of 1 million. The Lanyou Technology T-Box got its second consecutive championship after 2020*, reaffirming its leadership among domestic brands. To date, the Lan-You Technology T-Box has a cumulative output of over 3.4 million, showing its industry-leading R&D and mass production capabilities.

Growth path of Lanyou Technology’s “Champion Box”

2015: The independent R&D of the 4G T-Box was started.

2017: The 4G T-Box was put into mass production.

2018: The R&D capability of C-V2X application scenarios was formed.

2019: It became the fastest to reach a mass production volume of 1 millionin the industry.

2019: The independent R&D of the 5G T-Box was started.

2020: Its annual sales volume ranked top among domestic brands.*

2021: The 5G C-V2X/T-Box supporting the 5G only and 5G+V2X modes was putinto mass production and ascended to the first tier in the industry.

2021: Its annual sales volume ranked top among domestic brands again.*

2021: Its cumulative sales volume exceeded 3 million.

According to the 2020 Research Report on Global and Chinese Passenger Vehicle T-box Markets issued by shujubang.com, in 2021, T-Boxes were pre-installed on 12.94 million passenger vehicles in China, a year-on-year increase of 31%, with an installation rate of 60%, up about 10 percentage points year on year; the installed base of the 5G T-Box keeps growing. It is expected that by 2025, 83.5% of passenger vehicles in China will be pre-installed with the T-Boxes, covering over 20 million vehicles. The T-Box and IOV will gradually become a standard for passenger vehicles.

T-BoxT-Boxes will have further growth opportunities!!

The Lanyou Technology5G C-V2X T-Box integrates 5G, C-V2X and centimeter-grade high-precision positioning based on 5G high bandwidth, supports the 5G only and 5G+V2X modes, and over 25 C+V2X application scenarios through cooperation with a number of platforms, including Huawei, Qualcomm, MTK, and Unisoc. Currently, customers served by the Lanyou Technology 5G T-Box include Dongfeng Nissan, Venucia, Voyah, Dongfeng Fengshen (AEOLUS), etc.

As 5G brings a new round of growth opportunities for T-Boxes and also raises the technical and market thresholds considerably, the “tangled warfare” situation of the T-Box market may be replaced with a centralized competition landscape. Leading enterprises like Lanyou Technology will probably further establish their competitive advantages.

Lanyou Technology has been working on vehicle digitalization and intelligence, and is thus strengthening the development of intelligent cockpits, FAPA parking, L2/L3 domain controllers, and L4 autonomous driving cloud control platforms. To date, Lanyou Technology has become a designated supplier for some models, and some projects have been launched.

*Source: Gaogong Intelligent Automobile Research Institute, shujubang.com