The ear, nose, and throat (ENT) surgical navigation system is one of the niche segments in surgical navigation systems market and is growing at a rapid rate.With the technological advances in this field, critical surgeries like zygomatic deformity reconstruction, skull base operations, and Graves’ orbitopathy are being performed successfully. For instance, NewYork-Presbyterian Hospital has confirmed that intraoperative navigation with stereotactic guidance has improved the skull base surgery for complex tumors, which was earlier considered difficult.Vendors mostly rely on partnerships with other medical technology companies, for technologically advanced modalities. These partnerships help them integrate new technologies into their surgical navigation systems, to survive in this competitive market as well as gain recurrent revenues from end-users.

The global emergency light sticks market is driven by a growing demand from the military and law enforcement sectors. Outdoor recreation is another key end-user segment that demands emergency light sticks for various activities. Strong demand in countries in North America and Europe will contribute significantly to market growth.

The global sensor-based gun systems market will post a CAGR of 4.99% during 2016-2020. The increasing spending on border and maritime security systems in countries like India, Israel, Australia, South Korea, and the US, coupled with the growing demand for securing strategic infrastructures in war-torn areas in Iraq and Afghanistan, is expected to propel the demand for sensor-based turret guns.The establishment of collaborations among different countries on sharing military defense technologies, as well as the growing preference for establishing a joint venture (JV) among foreign companies, will increase the opportunity for both existing and new vendors to exercise technologically advanced manufacturing process and materials. This will enhance the quality and reliability of sensors, in terms of tracking and detection capabilities.During the forecast period, the growth of the market in EMEA and APAC will be predominantly driven by both development and procurement of sensor-based turret guns, while the major countries in the Americas are expected to invest in smart arm technologies (sensor-based handheld guns) to control the growing misuse of guns.In this report, Technavio covers the present scenario (with the base year being 2015) and the growth prospects of the global sensor-based gun systems market for 2016-2020.

The low manufacturing cost of wearable patches in China supports the market growth.The increasing popularity of wearable patches has encouraged many vendors from different industries to enter the market. Cosmetic companies have started entering the market. L'Oréal is planning to enter the market by 2017, which will likely boost the growth of wearable patches in the non-clinical application segment.The Americas and Europe, the Middle East, and Africa (EMEA) are expected to lose their market shares to APAC mainly because of the high adoption of wearable patch technology in APAC.This report covers the present scenario and the growth prospects of the global wearable patch market for 2016-2020.

The limitations in open surgeries and laparoscopic procedures, coupled with increasing advantages of urology robotic surgery systems are expected to boost the adoption rates of the robot-assisted surgeries worldwide. For instance,advantages such as the need for small incisions, fewer complications, minimal infection rates, and quick recovery encourage surgeons to adopt these robotic systems.The emergence of micro and nano robots in urology surgical procedures is likely to have a positive impact on the market growth, owing to potential advantages such as single incision surgery and supplementary visualization. Also, small arms and micro motors work on the body without the need for large external machines. Such advantages will drive the adoption rates of these devices.The increasing incidence of prostate cancer and the growing number of prostatectomies has fueled robotic surgeries. For instance, according to the Centers for disease control and prevention (CDC) statistics, in 2013, approximately 0.17 million individuals in the US were diagnosed with prostate cancer.The increasing focus of vendors to expand their offerings of urology robotic surgical systems in emerging economies is likely to change the market dynamics during the forecast period. For instance, in May 2016, the Peking University Cancer Hospital and the Beijing United Family Hospital collaborated to launch the Minimally Invasive Surgery Center, that features Da Vinci robotic surgeries.

近期上市公司业绩超预期的个股频出（伊之密、龙马环卫、先导智能等等），且原油价格正如我们预期一样的强势反弹。站在目前时点看机械行业，预期偏低的周期股和有预期差的成长股将在 2 季度仍将持续表现。 

2017年3月，全国挖掘机销售量达到21,389台，较2月的14,530台环比增长47.21%，较上年同期的13,744台同比增长55.62%；2017年1~3月，全国挖掘机累计销量40,467台，较上年同期的20,348台同比增长98.88%。进入二季度，市场对于工程机械高增长持续性的分歧逐渐加大，考虑到基建投资有望继续超预期以及贯穿全年的“一带一路”、雄安新区等相关主题性机会，我们认为板块后续的投资价值仍然值得高度关注。

3 月挖掘机销量增 56%，工程机械持续性有望超预期；我们认为3 月起重机销量增速有望超挖掘机，持续重点推荐徐工机械、三一重工。据工程机械协会统计数据，2017 年 3 月挖掘机销量 21389 台，同比增长 56.2%，2017 年 1-3 月累计销量 40467 台，同比增长 98.87%。

物流被视作经济収展的第三利润杢源，我国物流成本占 GDP 比重进高于欧美等収达国家，収展智能物流降低物流成本成为大势所趋。2017 年我国智能物流系统市场将超过千亿空间，国内系统集成商行业集中度有待提升，优秀系统集成商有望成就全新的行业龙头。