PUBLISHER: ResearchInChina | PRODUCT CODE: 1099293
PUBLISHER: ResearchInChina | PRODUCT CODE: 1099293
Since July 1, 2021, the Chinese Phase VI Emission Standards for heavy-duty diesel vehicles have been implemented in an all-round way. Before leaving factories, the vehicles subject to the standards should be equipped with compliant remote emission management terminals (T-Box). Driven by policies, China's commercial vehicle T-Box market has made a rapid expansion.
In 2021, China's commercial vehicle T-Box installation rate hit 45.9%, an increase of 20.3 percentage points over the previous year; the market was valued at RMB1.26 billion.
With the full implementation of the Chinese Phase VI Emission Standards and the growing demand for commercial vehicle telematics, the market demand for T-Box will sustain growth from 2022 to 2025. It is expected that in 2025, the installation rate of commercial vehicle T-Box in China will reach 90%, and the market will be worth over RMB2.2 billion, with an AAGR of around 24%.
To support more abundant commercial vehicle telematics functions, T-Box technology keeps advancing. Boosted by 5G, big data and cloud computing among others, commercial vehicle T-Box that meet the basic national regulations will head in the following directions:
For example, the predictive cruise P-BOX developed by Zhonghuan Satellite reserves a HD map interface on its T-BOX. With a built-in ADAS map and the predictive cruise control (PCC), the optimal control over the vehicle can save fuel and relieve much driver's fatigue without changing driving behaviors or vehicle powertrain matching.
There are a large number of commercial vehicle T-Box suppliers in China, including bellwethers like Yaxon Network, Hopechart, Zhonghuan Satellite and Jingwei Hirain. Yaxon Network boasts a wide customer base, covering Foton, BYD, King Long and Yutong. Hopechart supports Dongfeng Motor and Shaanxi Automobile. Zhonghuan Satellite is a supplier to FAW Jiefang, Dongfeng Motor, SAIC Hongyan, Sinotruk and the like. Jingwei Hirain's major customers are FAW Jiefang, Sinotruk and JMC.
In their efforts to improve the integration of T-Box hardware with 4G/5G, C-V2X, high-precision positioning and other modules, Chinese mainstream T-Box vendors are also striving to build telematics platforms for an expansion from hardware to data services, with the ultimate purpose of commercial vehicle telematics solutions that integrate software and hardware.
Yaxon Network's Yunxiang Telematics Service PaaS Cloud Platform supports concurrent services for tens of millions of vehicle terminals, and allows intelligent storage, mining and application of massive data.
Based on 4G/5G/V2X communication, Jingwei Hirain's commercial vehicle telematics system connects intelligent vehicles with data backstage and establishes fleet scheduling & monitoring system, fleet remote driving system, CVIS, and on-site operation and maintenance management information system, in a bid to realize automated operation management in the whole process from fleet departure and operation to final run and return to garage.
The commercial vehicle telematics platform developed by Zhonghuan Satellite based on intelligent terminal hardware boasts 1,000+ items of telematics data, including 200+ items of vehicle raw data, 500+ items of label data preprocessed by terminals, and 300+ items of scenario data deeply processed by model algorithms. The advanced big data algorithms help to output a range of functions such as vehicle fuel consumption analysis, dedicated operating line analysis, regional driving behavior statistics, service station heat location selection, vehicle failure statistics, truck driver profiling, and comprehensive vehicle operation efficiency, so as to build all-round commercial vehicle intelligent connected big data output capabilities.
By virtue of the four core capabilities, independent development and production of intelligent connected sensors, full life cycle telematics construction, human-vehicle-road-goods cooperation big data analysis and processing, and AI algorithms based on logistics scenarios, Zhonghuan Satellite is committed to providing intelligent truck solutions to empower the logistics industry. It has helped 10 mainstream commercial vehicle manufacturers, more than 10 provincial traffic and transportation authorities, and hundreds of logistics and ecological enterprises to launch commercial vehicle intelligent connected service solutions, and has served more than 2.6 million commercial vehicles.
The intelligent terminals with T-Box as the core favor wide adoption of big data, cloud computing and AI in commercial vehicles. The continuous efforts to excavate and improve value of information will not only bring lower cost and higher efficiency to companies in real terms, but also assist automakers achieving management transition from a decentralized to intensive way and building platforms that offer transparent information instead of data silos.