Chillers provide cooling in residential, industrial, and commercial places. Chillers provides air conditioning in buildings with the use of chilled water. Roof top chillers usually are air cooled whereas basement chillers are water cooled. The rising humidity concerns in both developed and developing countries, and surging demand for air conditioning systems for safety and comfort are boosting developments in the Chiller market across the world. HVAC chillers are widely used across the industries such as pharmaceuticals, electronics & semiconductors, aerospace & defense, food & beverages, cold storage, turbine, and leather. Thus, increased preference for district cooling systems in industries and high-rise buildings is a major factor boosting the Chillers market growth. Moreover, rising adoption of HVAC chillers in commercial spaces and residential sector, growing disposable income and rapid pace of urbanization, and continuous proliferation of tourism industries in different regions contribute to the Chillers market growth. The construction of new hotels and public infrastructure adds to the demand for HVAC chillers.

A brazed plate heat exchanger comprises corrugated plates that combine to establish channels through which a cold medium and a hot medium (typically water) can be distributed. These heat exchangers can be used for a range of functions in a cooling or heating system—they can act as evaporators, oil or gas coolers, condensers, and be used for other functions that imply the transfer of cooling or heating. They are widely used in many different industries and often in large-scale residential heat networks. They play an essential role in delivering air conditioning processes and refrigeration, production, data center cooling, and residential heating. Brazed plate heat exchangers offer various advantages. Roughly 95% of the material is used for heat transfer, with no requirement for gaskets or auxiliary equipment. You can also make effective use of slight temperature changes due to the extremely turbulent flow. Because of its sturdy design, gaskets don't need to be used, reducing the possibility of leaks. This translates into consistent hydraulic and thermal performance and less maintenance and downtime. The small size allows for a more flexible system design and better use of available space.

Automated test equipment (ATE), also known as automatic testing equipment, is a computerized machinery that is used to test the perf -21ormance, functional, qualification, and safety requirements of electronic systems, subsystems, and devices. The ATE system allows manufacturers to validate and verify various electronics integrated into automotive products. The system helps manufacturers to reduce human intervention involved in manual testing by accelerating consistently running cycles of tests in the product development process. Protect testing reduces minimal chances of human errors by increasing the ability for troubleshooting. Organizations use automated test equipment to deliver quality products to customers.

Chillers provide cooling in residential, industrial, and commercial places. Chillers provides air conditioning in buildings with the use of chilled water. Roof top chillers usually are air cooled whereas basement chillers are water cooled. The rising humidity concerns in both developed and developing countries, and surging demand for air conditioning systems for safety and comfort are boosting developments in the Chiller market across the world. HVAC chillers are widely used across the industries such as pharmaceuticals, electronics & semiconductors, aerospace & defense, food & beverages, cold storage, turbine, and leather. Thus, increased preference for district cooling systems in industries and high-rise buildings is a major factor boosting the Chillers market growth. Moreover, rising adoption of HVAC chillers in commercial spaces and residential sector, growing disposable income and rapid pace of urbanization, and continuous proliferation of tourism industries in different regions contribute to the Chillers market growth. The construction of new hotels and public infrastructure adds to the demand for HVAC chillers.

A brazed plate heat exchanger comprises corrugated plates that combine to establish channels through which a cold medium and a hot medium (typically water) can be distributed. These heat exchangers can be used for a range of functions in a cooling or heating system—they can act as evaporators, oil or gas coolers, condensers, and be used for other functions that imply the transfer of cooling or heating. They are widely used in many different industries and often in large-scale residential heat networks. They play an essential role in delivering air conditioning processes and refrigeration, production, data center cooling, and residential heating. Brazed plate heat exchangers offer various advantages. Roughly 95% of the material is used for heat transfer, with no requirement for gaskets or auxiliary equipment. You can also make effective use of slight temperature changes due to the extremely turbulent flow. Because of its sturdy design, gaskets don't need to be used, reducing the possibility of leaks. This translates into consistent hydraulic and thermal performance and less maintenance and downtime. The small size allows for a more flexible system design and better use of available space.

Chillers provide cooling in residential, industrial, and commercial places. Chillers provides air conditioning in buildings with the use of chilled water. Roof top chillers usually are air cooled whereas basement chillers are water cooled. The rising humidity concerns in both developed and developing countries, and surging demand for air conditioning systems for safety and comfort are boosting developments in the Chiller market across the world. HVAC chillers are widely used across the industries such as pharmaceuticals, electronics & semiconductors, aerospace & defense, food & beverages, cold storage, turbine, and leather. Thus, increased preference for district cooling systems in industries and high-rise buildings is a major factor boosting the Chillers market growth. Moreover, rising adoption of HVAC chillers in commercial spaces and residential sector, growing disposable income and rapid pace of urbanization, and continuous proliferation of tourism industries in different regions contribute to the Chillers market growth. The construction of new hotels and public infrastructure adds to the demand for HVAC chillers.

A ventilator is a life-supporting device that regulates the breathing of a patient during treatment in healthcare settings. Ventilators are most commonly used to treat respiratory failure caused due to serious lung disease or other conditions that often result in improper working of the respiratory system.

中国目前是全球最大的机器人市场，占全球安装量的52%。工业机器人产 量全球占比45%。中国工业机器人市场规模2023年达到610亿元，人形机器人市场规模预计2024年将达到200亿元。

Chillers provide cooling in residential, industrial, and commercial places. Chillers provides air conditioning in buildings with the use of chilled water. Roof top chillers usually are air cooled whereas basement chillers are water cooled. The rising humidity concerns in both developed and developing countries, and surging demand for air conditioning systems for safety and comfort are boosting developments in the Chiller market across the world. HVAC chillers are widely used across the industries such as pharmaceuticals, electronics & semiconductors, aerospace & defense, food & beverages, cold storage, turbine, and leather. Thus, increased preference for district cooling systems in industries and high-rise buildings is a major factor boosting the Chillers market growth. Moreover, rising adoption of HVAC chillers in commercial spaces and residential sector, growing disposable income and rapid pace of urbanization, and continuous proliferation of tourism industries in different regions contribute to the Chillers market growth. The construction of new hotels and public infrastructure adds to the demand for HVAC chillers.

2023 年电力设备新能源板块（以下简称板块）盈利表现分化。新能源汽车盈利普遍承压，电池与结构件龙头相对亮眼。Q1 利空落地，今年盈利能力有望触底，我们建议握紧核心龙头，灵活参与边际改善环节和有事件催化的新技术方向。光伏 23 年需求高景气延续，但供给过剩问题导致各环节盈利不同幅度承压。风电业绩短期承压，等待 Q2 海风起量，看好塔桩、海缆企业出货及订单双增。23 年国内大储景气依旧，海外户储库存拖累，我们认为中美市场标的年内业绩存在支撑，而欧洲市场标的随着库存逐渐去化，年内业绩有望实现逐季提升。我们推荐宁德时代、上能电气、阳光电源。