机械行业：关注聚变－裂变混合堆投资机会

机械行业：人形机器人“卖铲人_系列－磨床篇

根据我们对锂电材料行业趋势和各上市公司财报业绩的梳理，我们认为产业主要变化为：需求方面：24年我国动力电池累计装车量548.4GWh,累计同比增长41.5%，仍保持较高增速。供给方面：24年以来供给侧部分环节的量价抵抗持续，铜箔等部分环节供给边际变化逐渐清晰。盈利方面：行业利润进一步向电池环节集中，25Q1行业归母净利润同比增速转正。2024年锂电及材料全行业归母净利润合计615.2亿元，其中电池环节为 590.9亿元，电池环节净利润占全行业比例96%；2025Q1锂电及材料全行业归母净利润同比增速32%，是2023年以来首次出现转正。铁锂、铜箔仍呈现较大面积亏损，变化点在于25Q1铜箔部分企业开始扭亏为盈，铁锂环节仅具备高压密技术的企业盈利。

磁传感器是系统感知层的核心器件，在技术演进与多元应用驱动下加速发展。磁传感器通过磁电转换实现非接触式测量位移、角度、电流等物理量，在降低 设备损耗的同时，具备复杂环境耐受性及性价比优势。按技术路径划分，据 QYResearch 数据，2024 年霍尔效应传感器以 64%的市场份额占据主导地位， 因成本优势与稳定性被广泛应用于消费电子及工业等领域中；磁阻效应（AMR/GMR/TMR）传感器则凭借高精度、低功耗特性加速渗透，其中 TMR 因灵敏度与温度稳定性突出，逐步在汽车动力系统、工业机器人及数据中心等高端场景实现对传统方案的替代。按功能应用划分，磁传感器包括位置、速度、开关、电流及电子罗盘等多种类型，全面覆盖汽车电子、机器人、工业、新能源及消费电子等场景。根据 Yole 统计，2023 年全球磁传感器市场规模为 29 亿 美元，2029 年将增长至 37 亿美元，CAGR 为 4%，其中汽车电子、工业和消费电子为磁传感器最主要的应用市场。

Global Home Appliances Market Report - Industry Analysis, Size and Growth Trends (2023 - 2029)

An industrial boiler is a closed vessel with a provision to store water that is heated using a furnace or an industrial burner. Fuels such as coal, natural gas, biomass, and fuel oil are used to generate hot gases that transfer a significant portion of their heat to the boiler vessel, thereby heating the water through the convection process. In most applications of industrial boilers, hot water is utilized to produce steam with a pre-determined temperature and pressure.

An industrial enclosure is a cabinet that protects electrical and electronic devices and components from hostile environments. It can also be used for systematic cable management organizations in industrial applications.

Industrial mixers are mechanical equipment used for mixing different substances (solid or fluid) to produce a homogenized mixture. These mixers are designed to handle the mixing of substances of different viscosities, temperatures, and pressures. They use shafts, screws, blades, ribbons, impellers, or propellers for mixing substances.

An industrial weighing machine is a device used to measure the weight of objects across various industrial sectors. Designed for heavy-duty use in demanding environments, these machines are built to provide precise and reliable weight measurements. They are crucial in industries such as manufacturing, logistics, packaging, and quality control, where accuracy in weight measurement is vital for ensuring operational efficiency and adhering to regulatory standards. Engineered for durability, industrial weighing machine are capable of withstanding tough conditions while maintaining high-performance levels.