海风“地补”预期强化，光伏关注国内市场及技术更新风电：在海上风电国家补贴退出临近之时，广东、江苏等地纷纷加大海上风电装备制造业的招商引资力度，为地方补贴政策的出台“预热”。欧洲海上风电也在如火如荼的发展，漂浮式技术创新层出不穷，或将为海上风电降本提速。伏：2020 年光伏需求端逐步回暖，产业链三条主线强逻辑待验证A、下半年国内战场将逐步成为光伏行情主焦点；B、电池片环节预期已至低点，关注产能及技术产品超预期释放带来的成长空间。C、2020 年，随着异质结及PERC+等新技术导入，设备厂商将率先受益于新产品订单释放，关注拥有多代电池片核心设备积累及研发的相关标的。

国内来看，二季度国内630抢装支撑行业需求，同时今年光伏可用新增消纳空间超预期，为国内装机快增提供有力保障。海外方面，国外疫情仍有不明朗因素，海外光伏需求存在不确定性，但相信随着欧洲、日韩等地区疫情防控形势向好，装机量恢复增长可期。同时，疫情以来光伏产业链价格大幅下跌，光伏在全球的平价范围将扩大，有利于刺激海外的装机需求。当前板块估值不高，可积极关注龙头公司隆基股份、通威股份和福莱特。

传统汽车航母，电动化布局已经迫在眉睫。大众集团近5年销量均在1000万以上，规模庞大且保持增长态势，2019年市占率达12%。但在电动车领域，渗透率仅1.3%，同期宝马渗透率达5.74%，碳排放排名欧洲车企倒数第二。在全球节能减排的趋势下，作为传统汽车龙头的大众集团电动化布局迫在眉睫。

A vaping device is a battery-powered inhaler that simulates tobacco smoking. It is designed to provide inhaled doses of e-juices by vaporizing the flavored liquid, and then simulating the effects of smoking by vaporizing the liquid, which the user inhales and exhales. Vape products are categorized into two major categories: E-vapor and heated tobacco vapor. An e-vapor device is also known as e-cigarette, or e-vaping device, or personal vaporizer, or electronic nicotine delivery systems (ENDS) in the market. It uses a heating element to vaporize the flavored liquid or e-juice. More than 1,000 flavors of e-juices are available in the market with many other more being added every month.

《前沿技术》聚焦于重点行业、重点产品、重点工艺等的前沿技术研发、突破性进展和商业化应用，帮助用户及时了解重大前沿技术的研发动向和主要趋势，以及主要企业的技术优势和最新进展，以更好地把握和判断相关技术和产品所处的发展阶段、主要应用场景、潜在市场价值和可能存在的风险。

当下氢燃料电池汽车主要使用于城市公交以及旅游景区的固定路线、物流车，将是重点优先发展领域。氢能对推动汽车产业转型升级具有重要意义，国家重视程度日渐提升。建议各企业针对核心技术加大投入力度，加快技术成果转化，在技术、产品上实现突破，加速产业化进程。

This report presents a detailed analysis of the trends, future estimations, and thorough study of the global die casting machines market based on type, material, end-user, and region. The market segmentation on the basis of type includes hot-chamber die casting machine, cold-chamber die casting machine, and gravity die-casting machine. By material, it is segmented into zinc, magnesium, aluminum, and others. Others includes copper, brass, lead, tin, and other alloys. In terms of end-user, it is divided into transportation, mechanical & manufacturing equipment, building & construction, and others. Others include medical device, telecom, electrical, and furniture industry. The report also highlights regional trends for North America, Europe, Asia-Pacific (APAC), and LAMEA (Latin America, the Middle East, and Africa). It further provides insights on the drivers, restraints, and opportunities to understand the dynamics and potential of the die casting machines market. Furthermore, the report provides information about the strategies adopted by the key players to sustain the competition and increase their market shares. Buhler AG, Dynacast International, Inc., Norican Global A/S, and Toshiba Machine Co., Ltd. are some of the major players discussed in the report.

This report on the global CNC metal cutting machine market presents a detailed analysis of the trends, future estimations, and thorough study of the market based on type, end user, and region. The study estimates the revenue generated from the sales of different types of metal cutting machines such as machining centers, lathe machines, gear cutting machines, laser cutting machines, and others. Moreover, it provides information on end users such as automobile, aerospace & defense, electronics, power & energy, and others. In addition, the report includes highlighted regional trends across North America, Europe, Asia-Pacific, and LAMEA. It further provides insights on the drivers, restraints, and opportunities to understand the dynamics and potential of the CNC metal cutting machine market. Furthermore, the report provides information about the strategies adopted by the key players to sustain the competition and increase their market share.

工程机械行业协会数据显示，2020 年5 月挖掘机行业销量为3.17 万台，同比增长68%，1-5 月累计销量14.58 万台，同比增长19%。挖掘机国内市场预期乐观，逆周期投资带动基建回暖，环保趋严加速老旧设备淘汰。我们判断2020 年基建相关品种更加受益，国产龙头竞争力持续提升，业绩仍有增长空间。推荐三一重工、柳工、恒立液压。

From ancient times, there has been a requirement for kitchens to eliminate the smoke, dust, and oil from the cooking areas. While people were using traditional brick range hoods to eliminate the smoke, changes in the construction of buildings led to the use of exhaust and ventilation fans. These fans are smaller in size and are installed to draw the smoke out of the kitchens. Even now, these fans are widely used across households of low-income earners. In the modern world, there have been numerous advancements in the kitchen layout. With the rising disposable income and increased demand for convenience goods, the carpenter-made kitchens have been replaced by modular kitchens. They are also referred to as ready-to-install cabinets that can be customized to a certain extent according to consumer preference. The modular kitchens come in various types like U-shaped, L-shaped, Parallel, Island, Straight, and Peninsula.