新能源汽车关注高端技术变革，继续坚定两条投资主线。据证券时报网，2017 国际电池会议于本周举行，会议期间特斯拉电芯供应链及商业发展首席负责人、三元层状材料电芯研究合作伙伴将分享新型“ 2170”锂电池的镍钴铝(NCA)三元材料改进等技术细节。我们认为此次事件将推动 NCA电池再次站上风口，国内 NCA 电池产业链有望加速形成，同时有望引领大尺寸电池在动力领域的应用，技术创新大潮将再次到来。

国网启动 2017 年充电桩第一次招标，交流直流技术路线共同发展。国家电网公司发布2017 年电源项目第二次物资招标采购公告，包括 2017 年第一次充电桩招标。本次招标共涉及 3824 套充电桩，合计 19.7 万 KW，其中直流充电桩 1889 套，合计 18.3 万 KW，交流充电桩 1935 套，合计 1.36 万 KW，投标的截至日期为 4 月 10 日。2016 第一批招标全部为直流充电桩，涉及 6624 套，合计56.83 万 KW。2017 年初，国家电网公司表示今年将建设 2.9 万个充电桩，相比于 2016 年的 2.2 万个，同比增长 30%以上。国家能源局在《2017 年能源工作指导意见通知》中明确，2017 年内计划建成充电桩 90 万个。

本周电力设备和新能源板块上涨 0.55%，涨幅弱于大盘。风电板块上涨 3.26%，发电设备上涨 1.4%，一次设备上涨 1.22%，核电板块上涨 0.71%，锂电池指数上涨 0.49%，光伏板块上涨0.26%，新能源汽车指数上涨 0.23%，工控自动化上涨 0.15%，二次设备下跌 1.93%。涨幅居前五个股票为麦格米特、寒锐钴业、华瑞股份、凯中精密、中核科技；跌幅居前五个股票为精达股份、赛摩电气、盛洋科技、易事特、大晟文化。

工控行业自去年下半年开始好转，今年一季度复苏势头强劲，预计今年持续向好。工控行业2015年下滑8%，去年上半年同比下降，三季度下滑收窄，如我们去年12月深度报告预判，四季度增长6%-7%带动全年实现1%增长。今年一季度工控企业订单增长进一步向好，PMI、固定资产投资和下游机床、通用设备等数据均进一步验证行业需求强势复苏，我们预计今年工控行业将有较好增长，预计外资企业将增长10-30%，国内优秀品牌将增长30-50%。

In terms of application, the satellite industry accounted for 68.39% — the largest share — of the global radiation-hardened (rad-hard) electronics market in 2015. It was followed by the avionics industry with 16.3% and the nuclear power reactor industry with 10.22%.In terms of geography, the US dominated the market in 2015, with a share of 52.71%. Government/military contracts contributed the most to the regional market share.The increasing demand for commercial satellites from telecommunications and internet companies is a major driving factor for the market due to surging demand for GPS, the internet, higher bandwidth speed, and connectivity.Recent technological advances in radiation-tolerant electronics and developments of radiation isolation/containment and packaging/shielding techniques are the major challenges in the market, resulting in sluggish market growth.Brazil, Russia, India, and China (BRIC) are likely to contribute a major share to the market during the forecast period due to an increase in the number of space exploration projects by the governments and a rise in commercial satellites because of high demand for internet connections and higher bandwidth speeds.

A smoke detector can detect a fire breakout and prevent it from spreading by enabling security measures. Smoke detectors are connected to alarm systems that emit a highpitched alarm tone to warn residents of potential danger, thus preventing accidents. The requirements of smoke detectors vary based on the type of residences. Few residences might require battery-powered detectors, whereas others might need interconnected hard-wired detectors.

Factors like contamination of residential water supply and hardness of water are largely contributing to the growth of the global residential water treatment equipment market. The increasing interest among governments worldwide to decentralize water treatment in order to produce high-quality water for different household applications at the point-of-entry (POE) and point-of-use (POU) ofindividual households is aiding the growth of the market. This entails more economic benefit to the government expenditure on water treatment.Compared to POU, POE equipment is still less-preferred by residential consumers, owing to its high cost. However, it is expected that during the forecast period, the POE segment will grow at a higher rate (21.26%) due to deteriorating water quality at the source.The global residential water treatment equipment market is highly fragmented,competitive, and commoditized. This makes the key leading players vulnerable since technologies like activated carbon, filtration, and RO have limitations and do not offer sufficient protection. With little or no technological differentiation, players in the market will lose market share to players who offer more effective treatment products for a wide range of impurities. Thus, it is expected that technological innovation will drive the market during the forecast period.

The advances in technology and changing consumer preferences have transformed the demand for the frozen and packaged foods. Consumers prefer to use products that save time.The global urbanization rate has risen with economic development and liberalization of economies. With increasing urbanization rate and rising demand for retail outlets coupled with the low availability of retail space, appliances need to be more efficient in terms of size and performance.The increasing participation of women in the labor force over the years has led to a surge in the sales of convenience foods like frozen and packaged food meals.Therefore, Technavio expects the demand for the refrigerated display cases (RDC) to be driven primarily by the booming frozen food market.Vendors of RDCs are developing different strategies to maintain their position in the market. For instance, they are investing significantly in R&D and launching innovative product variants. Vendors like Carrier and Hussmann have introduced RDCs with light-emitting diode (LED) lights to save energy.Based on geography, the RDC market in Asia-Pacific (APAC) will notice an impressive CAGR during 2015-2020. Also, China, Australia, India, Germany, the UK, France, and the Netherlands are the key leading countries in the global RDC market. Vendors also have notable business opportunities in emerging economies such as Southeast Asian countries, Brazil, and Mexico.

The global piezoelectric market will grow at a CAGR of 6.11% during the forecast period, owing to the rising investment in R&D for product innovation and the rising demand for piezoelectric devices and materials from several industries.By material type, the global piezoelectric ceramics market accounted for the largest share of the market in 2015, primarily because of their chemical properties andinexpensive attributes.By product type, actuators and generators accounted for the largest share of the market in 2015, owing to its demand from the automotive and healthcare industries.This report covers the present scenario and the growth prospects of the globalpiezoelectric market for the period 2016-2020.

Portable mini fridges mostly find use in recreational vehicles (RVs), commercial and passenger vehicles, marine cruises and leisure yachts, medical transport of blood and vaccines, and in the residential segment, where they are used by people who plan frequent outdoor short and long trips for camping, fishing, and other recreational activities. As the size of the automotive industry and leisure travel for outdoor trips is expected to increase in developed regions like North America and Europe during the forecast period, the sales of these portable, lightweight mini fridges are also expected to increase.Wi-Fi enabled smart portable mini fridges are newly launched products in the market. An example of such a fridge is the dual compartment Dometic CFX-95DZ2 (94.5 liters capacity), which was launched by Dometic in the APAC market in 2015.It runs on a WAECO compressor and has a Wi-Fi app that enables users to monitor and control their fridges while on the move.In this report, Technavio covers the present scenario and growth aspects of the global portable mini fridge market for 2016-2020.

Distributed energy generation refers to small-scale production of electricity ranging from a few kWs to tens of MWs. In distributed energy generation, power is typically generated using renewable resources and using generators at the point of consumption. Distributed energy generation systems are usually connected at the distribution or substation levels and can function as stand-alone power sources.

Fuel cells produce electricity by utilizing the power generated from electrochemical reactions. They use external sources of chemical energy such as hydrogen and oxygen to produce energy. Electrochemical reactions in the fuel cells oxidize hydrogen, which reacts with oxygen to form water and release electrons. The electrons then flow through the external circuit producing an electric current. All fuel cells are based on a standard design, wherein two electrodes are separated by an electrolyte. The electrolyte carries electrically charged particles. A catalyst is used to speed up or accelerate the electrochemical reaction within the fuel cells. Fuel cells can be used in small devices that are powered by a few watts of electricity and also in large power plants that produce megawatts (MW) of electrical energy. Fuel cells are categorized by the nature of the electrolyte used in them.

继续看好空调行业：1-2 月空调零售景气度高，继续重点推荐格力电器。本周申万重点跟踪 标的公司中美的集团、老板电器和苏泊尔披露 2016 年年报，净利润同比分别增长 15.6%、 45.3%和 21.2%。我们预计因原材料成本上涨影响，2017 年一季度家电行业毛利率将面临一 定压力，但随着产品均价逐渐提升，全年来看，盈利能力将继续小幅上升，龙头公司净利率 无忧。1-2 月份中怡康数据显示，空调行业终端零售景气度高，我们重申此前对空调行业看 法，预计本轮反弹行情将持续至 17 年第二季度末，若夏季天气炎热，三季度增速仍有望超预 期，考虑到目前白电估值水平，继续推荐格力电器

本周SW机械设备指数下跌3.33%，跑输沪深300指数2.37个百分点。国 联机械设备股票池中一周跌幅较小的二级子板块为运输设备（-3.38%）和 金属制品（-3.49%）；一周跌幅较小的三级子板块分别为重型机械（-0.34%）、 农用机械（-1.31%）和楼宇设备（-1.50%）。 国联机械设备股票池一周涨幅居前个股分别为三丰智能（300276.SZ， +19.61%）、大连重工（002204.SZ，+14.32%）以及聚隆科技（300475.SZ， +13.57%）等；重点跟踪标的方面，一周表现较好个股包括南方轴承 （002553.SZ，+9.32%）、惠博普（002554.SZ，+0.52%）等。