精密减速器：匹配转速、传递转矩的核心传动元件。精密减速器种类较多，包括谐波减速器、RV减速器、精密行星减速器等。谐波、RV、行星减速器具有不同的特点，适用于不同的应用场景。谐波减速器具有单级传动比大、体积小、质量小、运动精度高并能在密闭空间和介质辐射的工况下正常工作的优点，使其在机器人小臂、腕部、手部等部件具有较强优势。行星减速器结构相对简单，体积相对较小，单级传动比范围相对有限，适用于机器人的下肢。RV减速器 传动比范围大、精度较为稳定、疲劳强度较高，并具有更高的刚性和扭矩承载能力，在机器人大臂、机座等重负载部位拥有优势。

Floor cleaning machines are tools that are specially designed to clean floor areas by using single or multiple techniques, such as scrubbing, suctioning, or injecting water with a cleaning solution and removing residues from the floor. Floor cleaning machines are replacing floor mops and floor brushes that are used to clean a floor surface.

The rising adoption of EVs, growing environmental regulations, and the increasing scarcity of raw materials, such as lithium, cobalt, and nickel drive the demand for the battery recycling market. Governments worldwide have enforced stricter recycling mandates to reduce hazardous waste and promote a circular economy. In addition, advances in recycling technology have improved cost efficiency, making it more viable for industries to recover valuable materials. The surging use of consumer electronics and energy storage systems further accelerates the need for sustainable battery disposal and resource recovery solutions.

Die bonder equipment is used in semiconductor manufacturing to precisely place and attach semiconductor dies onto substrates or packages. This equipment ensures accurate alignment and bonding, which is crucial for the performance and reliability of electronic devices. Die bonders typically use various bonding techniques, such as adhesive bonding, eutectic bonding, or soldering, depending on the application requirements.

The construction equipment rental market offers varied products and services, ranging from machinery, equipment, and tools of all designs for a limited period to end-users. The market is operated by suppliers that purchase or provide used equipment on lease to construction companies for a certain period.

欧洲强车型周期+中性政策周期步入电动车销量快速修复阶段。经测算，为满足 2027 与 2030 年碳排放考核，欧洲电动车渗透率需分别达到 31%/57%，对应当年托底电动车销量 440/767 万辆，2025—2027 年 3 年 CAGR 增速下限有望达 20%。中国锂电产业链抓取欧洲市场崛起机遇，有望实现竞争格局的巩固与突破。推荐全球格局提升：宁德时代、亿纬锂能、国轩高科；中系电动车企海外突围比亚迪（A/H）、零跑汽车（汽车组覆盖）。

机械设备行业：掘金中东，油服设备出海机遇推荐＆强推杰瑞股份纽威股份

机械行业：设备更新+科技赋能，智能无人装备崛起－2025下半年投资策略

三大增量助力推理算力需求加速。AI 算力消耗开始从训练走向推理，并且带来显著的算力增量，探究背后增量需求主要来自三方面：一是各家互联网大厂纷纷加速 AI 与原有业务结合；二是 Agent 和深度思考推理的结合，通过两者结合，Agent 执行任务准确率大幅提高，Agent 执行一次任务平均消耗 token 达到十万亿的量级，大幅超过 AI 搜索单次问答 token 消耗，并且能延伸到更多开放式场景，同时多 Agent 协作的 群体智能也已开始逐步商用化，过去复杂、多步骤的任务可通过Agent 实现，Agent 的普及将带来推理算力需求的大幅增长；三是多模态，随着多模态生成的图片及视频质量今 年均显著提升，今年 AI 营销内容占比提升十分明显。