各子行业景气度不一，城轨地铁、小部分智能制造、核电装备处于景气周期。分子行业来看，轨道交通：受国内车辆招标延期的影响，剔除中车后板块中报业绩整体低于市场预期，但城轨地铁投资呈加速迹象；智能制造：并购驱动的高收入增长或暂时告一段落，中长期看人工智能仍有广阔空间； 核电装备：关注核电招标进展，景气或迎反转； 油服装备：油价低迷业绩延续下滑，预计仍需时间进行调整；工程机械：需求小幅回暖，营收逐步企稳，盈利仍在低谷；电梯：行业整体平稳，龙头盈利能力改善；冷链设备：行业景气度回暖，盈利改善；重工装备：市场延续低迷，各公司仍在积极推动战略转型.

从售电出发看整个电力行业大数据：应用价值大、前景广；在价值链中的不同环节，大数据的价值目标不同；从宏观层面来看，通过建立电力大数据平台，未来可建构起三大生态：电力系统数据生态、电力系统应用生态和产品生态。 电力大数据市场规模增长快，预计2020 年将达 38 亿美元；国外经验发展提供借鉴，政策助力我国电力大数据行业发展。

我们统计了330家机械设备公司的二季度业绩，整体看机械设备行业仍处于持续弱势状态，二季度行业实现营业收入5705.85亿元，同比下降2.8%。整个板块归母净利润近四年来都处于缓慢的下跌过程中，但经营活动现金流情况正逐步好转，应收账款与存货周转率有所下降。

由于补贴政策未落地，目前行业产销量被严重抑制，车企虽然订单饱满但观望态度明显。政策不及预期导致近期板块回调明显，判断市场悲观预期已经释放到位，进一步向下空间不大。9 月是政策密集落地期，产销放量一触即发，在明年补贴退坡 20%的刺激之下，四季度抢装效应将十分突出，新能源车板块赚钱效应将依旧显著。 建议在此时点加大对高景气环节优质个股的配置。

机械军工行业收入和净利润增速仍处于低位，但相较去年同期下滑幅度连续两个季度收窄，我们认为行业景气度或许已经结束了持续下降趋势正在探底。2016 年上半年机械军工行业营业收入总和为 4522.1 亿元，同比下滑 1.9%，净利润总和为 142.8 亿元，同比下滑 18.1%。行业收入和利润继续下行，但是趋势明显减缓。

新能源发电板块：政策助力行业上半年收入、利润同比高增长。上半年行业整体营业收入同比上升 35%，毛利润同比增长 46%，净利同比增长106%。风电和光伏行业盈利能力同比有显著改善，行业净利率分别同比提升 3.3pcts 和 3.9pcts，主要是政策助力可再生能源消纳问题改善，二季度新能源发电小时数已经逐步回升。展望下半年，第六批可再生能源电价附加补贴目录有望在近期下发；风电装机也即将进入旺季，16H2 装机量有望达到 20GW、 环比持续改善（预计 Q3/Q4 环比增速~100%）；而光伏看点在于海外市场突围。长期看，风电光伏将进入稳定增长阶段，看好技术领先、规模效应明显的行业领头企业。

Cable accessories form an integral part of power cable systems; these are essential components in the power cables used in the transmission and distribution of electricity, from the point of generation to the point of consumption. Depending on the operating voltage level, power cables can be categorized as low voltage (below 1 kV), medium voltage (1 kV to 33 kV), and high voltage (above 33 kV). The cable accessories also vary in terms of technical specifications based on voltage level application.

Lead-acid batteries power 75%-85% of the electric forklifts manufactured globally. These batteries are cost-effective and offer benefits such as high resilience in difficult environmental conditions involving dirt, chemicals, and vibrations. The maintenance costs of lead-acid batteries can be monitored and improved with inexpensive technology to reduce the total cost of ownership. Advanced charging technologies can bring up the efficiency to 90%, with power factors approaching 99%. This keeps utility costs low. Technical innovations such as fast and opportunity charging during operator downtime add to the cost efficiency of lead-acid batteries.

The global RF duplexer market is forecast to grow at a rate of 12.24% CAGR during the forecast period. The market is expected to grow to $2.8 billion by 2020. The key vendors in the market include Broadcom, Murata, TDK, and Qorvo. They are engaged in stiff competition by offering cutting-edge products catering to the smartphone, STB, laptop, and tablet segments. The smartphone segment is the largest application segment in the global RF duplexer market with a 76.5% contribution to global revenues in 2015. It will continue to dominate during the forecast period.

The main features of a smart bathroom are: Optimal use of space by integrating a vanity cabinet with the sink Smart bathroom fittings such as automatic faucets, flush systems, soap dispensers, and trash cans to help maintain hygiene Smart windows that help facilitate maximum natural lighting, reducing the use of energy and artificial light during the day Automatic faucets and cisterns with motion sensors to help conserve water

The global fusion splicer market is expected to grow at a CAGR of 8.93% during 2016-2020. In 2015, the telecommunication segment was the highest contributor to the overall market, with a 63.83% market share. The demand for fusion splicers is growing in the segment, which is expected to expand its presence further in the global market. The fiber-optic technology uses thin strands of glass or plastic called optical fibers. Optical fibers use light to transmit information between two places. An optical fiber is a thin cylinder of dielectric material, which is capable of transmitting messages modulated onto light waves. Fusion splicers are used to join two optical fibers using heat. They offer high-strength, permanent, and low-loss joint, and plays an important role in the optical network.

The electric signals, in a synthesizer or synths, are converted to sound with the help of amplifiers and speakers. The instrument is mostly played in conjunction with a keyboard. It can also be controlled using musical instruments such as guitars, sequencers, drums, and fingerboards. Analog, digital, modular, and virtual synthesizers are some of the most popular synthesizer types. We expect the global music synthesizers market to post a CAGR of (2.6)% during the forecast period. Increasing number of live events and increased spending capability of the larger population to participate in such events are factors that keep the market afloat.

Scintillators are materials that possess the ability to absorb incident particles such as protons, electrons, and neutrons as well as high-energy photons such as X-rays and gamma rays. These materials convert the collected energy into a large number of visible photons or an ultraviolet range of photons. The conversion ensures easy detection by photomultipliers and photodiodes along with the efficient determination of energy and time of incident radiation. Scintillators are vital in radiation detection systems, with numerous applications in medical imaging, nuclear plants, manufacturing industries, high-energy particle experiments, and national security.