1）建议关注光峰科技：激光显示行业降本助推规模拓张；进军车 载显示领域，打开成长天花板；C 端家用领域及上游核心器件初露端 倪，低渗透优质赛道有望保持高成长；疫后影院租赁业务有望迎来强 劲修复。2）建议关注C 端家电市占率保持领先、制造力外拓B 端业 务的美的集团；全球化品牌矩阵布局完善，高端家电品牌卡萨帝业务 增速领先于行业的海尔智家。3）建议关注品类战略升级、渠道变革直 营占比提升、盈利能力持续提升的小熊电器。

投资建议：1）短期优先看好竞争格局稳定，有望直接/间接受益国内下游资本开支提升+政策扶持的消费类设备；2）中长期持续看 好具备海外竞争力，从进口替代——供应全球——渗透国内的出口链企业；3）重点推荐具备业务拓展能力，积极开辟第二曲线转型 升级成长型公司。

5 月新能源汽车销量71.7 万辆，环增13%，略超市场预期。中汽协口 径，5 月新能源汽车销量71.7 万辆，同环比+60%/+13%，渗透率30%， 同环比+6.1/0.6pct。2023 年1-5 月累计销量293.9 万辆，同比增长47.3%， 累计渗透率为27.7%；5 月电动车产量为71.3 万辆，同环比+53%/+11%， 2023 年1-5 月累计产量为300.5 万辆，同比+45.1%。

The dynamic garden & yard maintenance equipment industry witnessed a paradigm shift over the years in terms of global trends and challenges. The garden & yard maintenance industry constantly evolves with environmental factors. It is also externally shaped based on the equipment and technology available. The market can witness further traction supported by stringent protocols and corporate policies and considerable upgrades in business models and operation techniques. Accordingly, outdoor power equipment are an integral component of the garden & yard maintenance equipment industry. The global outdoor power equipment market is expected to grow at a CAGR of 5.36% during the forecast period. The demand for landscaping services is on the rise with the rise in interest in gardening and lawn care activities, thereby pushing the demand for outdoor power equipment from landscaping service providers.

Manufacture of domestic electric appliances: Refrigerators Freezers Dishwashers Washing and drying machines Vacuum cleaners Floor polishers Waste disposers

This data equals output data for the following ISIC Rev. 4 code: 2821 Manufacture of Agricultural and Forestry Machinery This class includes: Manufacture of tractors used in agriculture and forestry Manufacture of walking (pedestrian-controlled) tractors Manufacture of mowers, including lawnmowers Manufacture of agricultural self-loading or self-unloading trailers or semi-trailers Manufacture of agricultural machinery for soil preparation, planting or fertilizing: Ploughs, manure spreaders, seeders, harrows etc. Manufacture of harvesting or threshing machinery

Expert Opinion helped us to explore specific quantitative information related to market scenario of Global demolition equipment industry specific to regional markets. We have approached the industry experts and key decision makers in both developing and developed markets. Great amount of actionable insights have also been gathered from industry suppliers.

1）挖掘机：国内新增需求放缓，更新需求占据主导，预计2023年逐步触底。出口市场持续高增长，对挖机销量贡献由2021年的 20%提升至2022年的42%，随着产品结构优化、出口占比继续提升，盈利能力上行，龙头公司业绩有望拐点向上。 2）起重机销量与挖机销量强相关性，随着出口比重提升，更新需求凸显，预计2023年销量见底。 3）泵车与搅拌车周期性相近，2021年为更新需求高点，随着出口需求提升，预计2022年为泵车销量低点，2023年逐渐回升。 4）行业逐步筑底，长期看好行业国际化、电动化、数字化发展。持续推荐龙头三一重工、徐工机械、中联重科、恒立液压。

The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for ac drives by geography and historical trend. The scope of the report extends to sizing of the ac drives market and global market trends with market data for 2021 as the base year, 2022 and 2022 as the estimate years and forecast for 2024 with projection of CAGR from 2024 to 2029.

Growing interest in other appliances produced in the industrials industry are expected to drive the market. Industry - Industrials The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for other appliances by geography and historical trend. The scope of the report extends to sizing of the other appliances market and global market trends with market data for 2021 as the base year, 2022 and 2022 as the estimate years and forecast for 2024 with projection of CAGR from 2024 to 2029.