Global and China Passenger Car T-Box Market Report 2021-2025 Dublin, July 07, 2021 (GLOBE NEWSWIRE) -- The "Global and China Passenger Car T-Box Market Report, 2021" report has been added to ResearchAndMarkets.com''s offering. In 2020, passenger car T-Box increased by 25.4% year-on-year, and the proportion of 5G T-Box jumped Global and China Passenger Car T-Box Market Report 2021 analyzes and predicts T-Box technology and market trends, as well as conducting research on mainstream T-Box vendors at home and abroad. In 2020, 9.404 million passenger cars (50.0% of the total) were installed with T-Box by OEMs in China, a year-on-year increase of 25.4%. By 2025, the OEM T-Box installation rate of passenger cars in China will reach 85%, and over 20 million passenger cars will be installed with T-Box. China''s passenger car T-Box market is highly concentrated. Top 5 companies enjoy 45.6% market share and Top 10 companies 70.7%. The top vendors include LG Electronics, Valeo, Denso, LANYOU Technology, Continental, ECARX, Jingwei Hirain Technologies, etc. The first-ranked LG Electronics sees T-Box in 1.16 million vehicles, mainly serving GM, Lynk Co, Kia, Hyundai, Geely, FAW Hongqi, etc.