Lan-you 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, Lan-you Technology ranked top among domestic passenger vehicle T-box brands with an annual installation quantity of 1 million. The Lan-you 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 Lan-you 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 million in 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 put into 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-Boxes will have further growth opportunities!!

The Lan-you 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 Lan-you 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 Lan-you Technology will probably further establish their competitive advantages.

Lan-you 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, Lan-you Technology has become a designated supplier for some models, and some projects have been launched.

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