Heat pumps are among the most energy-efficient substitutes for air conditioners and furnaces, especially in climates that require moderate cooling and heating needs. The pumps, like refrigerators, make warm space warmer and cool space cooler by using electricity to move heat. Considering that heat pumps only move heat instead of generating it, they enable almost 25% cost savings when compared with conventional methods.

Analog X-ray systems: Analog X-ray systems consist of three major components: intensifying screen, X-ray film, and light-proof housing (or cassette). The analog system performs the qualitative and diagnostic assessment of an image by using negatoscopes, which define parameters according to appropriate lighting conditions such as "No more than 50 lux" and the luminance of emitted light.

The adoption of streaming media devices is increasing because of the growing popularity of over-the-top (OTT) video services such as Netflix and Hulu.By the end of the forecast period, the popularity of new technologies such as virtual reality is expected to increase in the connected device segment.In terms of unit shipment, smart TVs captured nearly 75% of the market in 2015.The increasing willingness of people to upgrade their existing TV sets is likely to help the market grow by the end of the forecast period.The growing demand for video streaming is expected to impact the cable TV station market. To remain prominent in the market, TV stations are gradually starting to provide online channels.

The global four wheeler industry is made up of two segments: passenger cars that are meant for personal use and commercial vehicles that are meant for commercial use. Both these segments operate under contrast market dynamics with different customer behavior and value chain. The passenger cars segment is witnessing steady growth owing to the rising preference for personal vehicles by families and individuals across the world. On the contrary, the commercial vehicle segment is witnessing healthy growth rate, offering high volumes contributed by countries such as the US and China. The key reasons for such growth is the higher load bearing capacity, cost effectiveness, and comfort of these vehicles.

A document scanner converts content on the paper in a digital format that can be stored on PCs or cloud. Document scanners are used in homes and offices due to their versatility, reliability, and ease of use. For businesses going digital, these specific units help save crucial office real estate and capital costs while taking care of employees’ need for peripherals to improve productivity.

Semiconductor IP is generated from multiple data sources, file systems, and internal databases. Currently around 60% of IP is internally developed, 20% from the foundry portfolio library, and another 20% from third-party IP vendor licenses.The leading MNCs such as IBM, Apple, Qualcomm, Intel, Texas Instruments, and Samsung along with the semiconductor foundries will be integrating system on chip (SOC) and 3D/TSV designs into high level and highly complex custom applications, during the forecast period. To make this happen, these foundry vendors andcompanies will be using different types of internal and third-party IP solutions for major applications.This report considers 2015 as the base year. The values presented in the report are the actual values for 2015 and have been estimated for the period 2016-2020 on the basis of primary and secondary research.

The global soil moisture sensor market will grow at a CAGR of 14.56% during the forecast period.In terms of application, the agriculture was the largest segment in the market in 2015. This trend will continue during the forecast period as the governments of developed countries such as the US, the UK, Germany, Japan, and Australia,where advanced soil harnessing technologies are being employed, try to create more awareness about these technologies.A new development in the market was the launch of soil moisture mapping satellite by NASA in 2015. This satellite helps create accurate soil moisture maps and improve climate and weather forecasts. It also allows scientists to monitor droughts and predict flooding caused by severe rainfall or snowmelt to forecast crop yields.

The global semiconductor inspection system market will grow at a CAGR of 11.74% during the forecast period. The need for high-quality and high-performance chips is the main factor for the strong growth of the market.· The wafer inspection system segment, which had a share of 81.96% in 2015, willgrow at a CAGR of 11.27% during the forecast period. The patterned wafer inspection equipment segment accounted for a market share of 88.27% in 2015, while the unpatterned inspection equipment segment contributed 11.73% to the global market.· The mask inspection system segment will grow at a CAGR of 11.27%, contributing 17.66% to the global market by the end of the forecast period.· Foundries, memory manufacturers, and IDMs are the main end-users in the global semiconductor inspection system market. The foundries segment will grow at a CAGR of 12.36%, and the memory manufacturers segment will post a CAGR of12.44% during the forecast period. APAC dominated the global market with a share of 70.5% in 2015. It will grow at a CAGR of 11.77% during the forecast period.The migration to smaller node sizes (lower than 16 nm) will lead to the commercialization of electron beam technology for defect inspection.· The top three vendors together contribute more than 80% to the global semiconductor inspection system market. In terms of technology used in semiconductor inspection systems, optical technology led the market in 2015, with a share of 83.25%. However, the use of this technology will slow down during the forecast period. E-beam technology will gain considerable ground during the forecast period. It will contribute 50% share by 2020, growing at a very high CAGR over the forecast period · The end-users in the global semiconductor inspection system market include foundries (with a share of 62.35% in 2015), memory manufacturers (with a share of 23.75% in 2015), and integrated device manufacturers (IDMs) (with a share of 13.9% in 2015). Foundries will grow at a CAGR of 12.36%, memory manufacturers will grow at a CAGR of 12.44%, and IDMs will grow at a CAGR 7.4% during the forecast period.

The global four-wheeler industry is two faced, where one segment is of passenger cars considered for the personal use, and the other is for commercial use, CVs. Both these segments operate under contrast market dynamics with different customer behavior and value chain. The passenger cars segment is seeing steady growth owing to growing preference for the personal vehicle by families and individuals worldwide. On the contrary, the CV segment is seeing healthy growth rate due to high volumes contributed by countries such as the US and China. This is attributed to high volumes of road transport logistics and international long distance consignments. The key reasons for such growth are the high load barring capacity and comfort of these advanced vehicles. The global four-wheeler industry is highly capital intensive industry, and is poised with many technological innovations. We expect the global four-wheeler market to grow at a CAGR of 3.41% during the forecast period.

In 2015, the laptop adapters segment was the highest revenue-generating application segment in the global super-junction metal-oxide semiconductor fieldeffect transistor (MOSFET) market, accounting for a share of 21.72%. In 2015, APAC was the largest market with a revenue share of 54%. The global super-junction MOSFET market will grow at a CAGR of 13.42% during the forecast period.This report presents a detailed study of the present scenario and growth prospects of the global super-junction MOSFET market for the period 2016-2020. It considers 2015 as the base year and forecasts the market value through 2020.The market size is calculated on the basis of revenue generated from the sales ofsuper-junction MOSFETs only. The segmentation in the report includes super-junction MOSFETs for laptop adapters, desktop PCs, flat TVs, lighting supplies, server power supplies, and others segments. The report also presents a corresponding detailed analysis of the major vendors manufacturing super-junction MOSFETs in the Americas;APAC, and EMEA.The report discusses the major drivers that influence the growth of the global superjunction MOSFET market. In addition, it outlines the major challenges faced by vendors and the market as a whole, and finally, it examines key trends that are emerging in the market.

APAC is anticipated to record the highest share (over 38%) and is expected to post a CAGR of 2.96% during the forecast period. China, India, Japan, Australia, and South Korea are the major countries making extensive investments in submarine sensors in the region. The SSN-nuclear attack submarine sensors segment had the highest market share of 37.76% in 2015. Owing to the growing popularity of nuclear attack ubmarines in the NATO-allied countries, this segment is anticipated to maintain its dominance throughout the forecast period. It is expected that this segment will generate a revenue of $207.2 million in 2020, accounting for a share of 36.78% of the global market. The emergence of 3D printing technology and the use of composite materials will allow manufacturers to design enhanced versions of sensor systems for submarines, which will help the naval agencies augment the stealth attributes of submerged platforms.In this report, Technavio covers the present scenario and the growth prospects of the global submarine sensors market for 2016-2020 (with the base year being 2015).

The global torque sensor market is largely driven by the automotive industry, as torque sensors are widely used in various automobile components for torque measurement. Rising demand for high-performance vehicles, adoption of conditional maintenance systems, penetration of electric power assisted steering (EPAS) systems, and increasing focus on automotive safety and testing are some of the major factors that drive the growth of the global torque sensor market in the automotive industry. High-capacity torque sensors with a capacity of more than 1000 Nm will be the fastest growing capacity segment in the global torque sensor market during the forecast period. Compliance with machine safety regulations worldwide is a major challenge for torque sensor manufacturers, along with the high cost of manufacturing of these sensors. The growing technological advances across industries and increasing penetration of industrial automation and robotics have generated the need for wireless compatibility in torque sensors. Torque sensor manufacturers across the globe are focusing on the development of new and innovative products to increase their market footprint and to penetrate into newer applications across industries.

The growth of m-commerce and e-commerce have accelerated the demand for secure payment options and improved the demand for smart cards. Loyalty cards offered by retail stores contain the information of customers and points earned by them through purchases. All such factors are expected to drive the market during the forecast period.The rising number of fraudulent transactions every year is increasing the need for secure payments worldwide. The adoption of Europay, MasterCard, and Visa (EMV) cards and EMV point-of-sale (POS) terminals is increasing worldwide,eliminating the risk of fraudulent transactions.The concept of EMV is a combined effort from Europay, MasterCard, and Visa to enhance the security of financial transactions and improve payment standards.Merchants and consumers in the US are gradually adopting EMV chip technology.The chip-enabled smart cards offer improved security by generating a unique onetimecode for the approval of a transaction.An increase in e-commerce transactions has increased the adoption of smart EMV cards as these cards allow safe online transactions. Chip and PIN EMV cards are replacing magnetic swipe cards in the payment card segment. European countries are early adopters of EMV payment cards because of liability shift. They are followed by APAC and American countries where the user base of EMV payment cards is increasing.

In 2015, the global semiconductor process control equipment market was dominated by KLA-Tencor accounting for 48.49% of the global market in 2015. This is because most of the end-users (semiconductor device manufacturers) share a mutual understanding with KLA-Tencor and order new semiconductor process control equipment from it. In addition, it has the necessary resources to constantly update its production line to the latest technology requirements of the semiconductor industry.The major end-users for semiconductor process control equipment are foundries,integrated device manufacturers (IDMs), and memory manufacturers. Foundries account for 62.35% of the global market, while memory manufactures and IDMs make up for the remaining 37.65% of the market. Memory manufactures account for a share of 23.75% and IDMs 13.9%. The number of IDMs has reduced drastically due to cost-saving efforts by semiconductor manufacturers, the majority of whom are migrating to the fabless model. Similarly, the memory manufacturing industry has also observed a lot of consolidation, leaving behind only a few. Themajor end-users of semiconductor process control equipment are foundries.

Growing emphasis on healthy lifestyle is increasing the demand for wearable lifestyle devices among consumers, driving market growth. The market is characterized by the presence of a large number of low-cost affordable smart wearable lifestyle devices.Basic fitness tracking bands are being increasingly replaced by smart watches with an incredible list of features.Smartphone penetration continues to provide increased adoption of smart wearable lifestyle and fitness devices and services.Smart wearable lifestyle devices are provided with the option of choosing valueadded services with basic connectivity and flexibility of payment giving rise to its enhanced popularity.

DAS or distributed antenna systems are components that are used to boost cellular network coverage to deal with dead spots or isolated spots of poor coverage. These isolated or dead spots are mostly in large buildings, especially in closed locations, where the cellular network is the weakest. DAS are installed as a network of a large number of small antennas installed across the building in order to strengthen the cellular network.

上周申万一级计算机指数下跌 0.19%，同期上证综指下跌 1.08%，沪深 300 指数下跌 1.32%，中小板指数上涨 0.66%，创业板指数下跌 0.52%。投资策略 下调 GDP增长目标至6.5%左右，释放宏观政策收紧的信号。去年货币与财政 政策宽松对稳定经济起到重要作用，但也造成了地产价格和 PPI 涨幅过快、金 融杠杆率上升、投资效率下降等负面效果。宏观政策的适当收缩有利于改善经 济结构，控制资产泡沫。创新引领实体经济转型升级，发展智能制造作为主攻 方向。加快新材料、人工智能、集成电路、生物制药、第五代移动通信等技术 研发和转化。深入实施《中国制造 2025》，把发展智能制造作为主攻方向。持 续推进大众创业、万众创新。  

1）当前国内投资者对 TMT 依次好奇的是 PEG 优质公司、中期成长标的、三张表分拆模 型、新股、智能手机 Q2 备货程度、3D SENSING 主题投资机会、传媒有表现公司业绩估 计是否确定、通信 5G 和硅光子通信、计算机各白马\灰马公司机会。TMT 当前市场，国内投资者好奇的本质是利润表确定型（年度推荐标题、三张表分拆、传 媒业绩确定性都概括为公司利润表）和行业收入增长确定性（智能手机 Q2 备货、光器件 都概括为行业收入）。比起好奇明天什么个股暴涨、主题龙头是否有赚钱效应的牛市，投资 者务实更多。 

按东财行业分类，其中计算机硬件周涨跌幅为+1.23%、计算机软件周涨跌幅为+1.65%、互联网业周涨跌幅为+0.77%，周换手率分别为5.93%、9.64%、7.50%，市盈率分别为37.99 倍、60.60 倍、50.97 倍。

代理记账是指会计咨询服务机构及其他中介机构接受独立核算的委托，代替其办理记账、算账、报账业务的一种社会性会计服务活动。随着我国中小企业发展迅速，大量涌现的小微企业因为人力和财力的限制选择将会计核算、记账、报税等一系列的财会工作交给代理记账机构打理。代记账市场虽然已经有近30 年的发展历程，但行业高度分散，且乱象丛生，目前为止还没有出现一个全国性的公司或全国性的领导品牌。