中重卡行业销量逐渐恢复符合我们预期，其原因主要在于：1、国家政策基调开始更重视稳增长，重卡与宏观经济相关；2、与投资有关的自卸车 15 年占销量比重仅约 16%（高点约 40%），已经接近美国 13%的比重，对整体的拖累影响已经不大；3、国四排放升级导致的成本上升逐渐被消化；4、15 年重卡的库存策略是谨慎的，渠道库存的问题已经不大。

机械行业分化严重，机器人及智能制造、制冷设备、轨道交通板块净利润实现正增长，传统行业净利润呈现不同程度下滑。结合行业发展、政策驱动等因素，我们选取了 3C 自动化、锂电自动化、物流自动化、轨交装备、通航等子行业进行了产业链及投资机会梳理。

The personal accessories market is considered to be niche, and is slowly making its mark on a global level. The market comprises jewelry, bags, watches, and writing and marking instruments. The jewelry segment has the highest market share, with India, the US, and China the largest revenue contributors. Innovation and advantages in technology are expected to propel the growth of the bags and watches segments, whereas an increase in literacy levels worldwide will drive the growth of the writing and marking instrument segment.

Warehouse drums and barrels come under rigid bulk packaging, and the packaging using drums and barrels is the oldest packaging method. Drums and barrels are used in industries such as chemicals and petroleum, food and pharmaceutical, and others. In these industries, warehouse drums and barrels are used to protect and transport goods in large quantities from a point of manufacture to a point of distribution, where these goods are finally packaged for customers.

The baby care and baby products market is one where focusing on parents' emotions is a valid marketing strategy. This holds true for the global baby soothers and teethers market. Individual customers, especially parents, are the major end-users of this market. Vendors are focusing on offering innovative products of different sizes to tap the market.