空管雷达及系统是空中管制的“千里眼”，近期备受美军重视。十四五军机升级换代加速列装，配套空管雷达及系统有望受益。运输和通用航空迎来快速发展期，工业无人机或成为通航发展新动力，配套 空管雷达及系统需求旺盛。

军工行业 2020 年及 2021Q1 业绩回顾：2020 年 115 家核心业务涉及军工领域的上市公司共实现营业收入 4749 亿元，同比增长 11.41%，增速在一级行业（SW）中排名 9/28；实现归母净利润 287 亿元，同比增长 69.84%，增速在一级行业（SW）中排名 4/28。2021Q1，国防军工行业实现营业收入 981 亿元，同比增长 31.49%，增速在一级行业（SW）中排名 19/28；实现归母净利润 69 亿元，同比增长 7.65%，增速在一级行业（SW）中排名 21/28。

Solar shading systems eliminate the permeation of sun rays into the buildings. Besides, they seek substantial adoption to shield against the overheating of commercial and residential spaces. These systems provide robust architectural solutions and features for solar protection & shading. Further, they entirely change the look of a refurbished or a new building by making a spectacular design influence while reducing energy costs by lessening solar heat gains. They are suitable for schools, offices, and other public and commercial buildings, both refurbished and new. In addition, solar shading can benefit to meet the energy conservation necessities of building regulations while lowering building running costs and growing comfort for occupants.

A baby monitor is an electronic device that transmits sound and video-related activities of a baby to a receiver that is usually at the parents’ end. The basic version of a baby monitor consists of a radio transmitter that relays sound to the receiver. The receiver contains an inbuilt speaker that enables sound transmission between the baby and parents. This basic version of the baby monitor works within a short or limited range of transmission area. Technological advancements have led to the embedment of advanced features in baby monitors that keep parents updated and connected with their babies, even from a remote location. Vendors have integrated baby monitors with the latest technologies such as video transmission, Wi-Fi, and Bluetooth connectivity, to connect them with smartphones and to provide parents with continuous inputs of the baby’s activities. This, in turn, has paved the way for the growth of smart baby monitors with enhanced features for modern-day working parents.

Safes and vaults are secure storage systems wherein valuable items, such as money, documents, records, and others, can be stored. These are intended to protect the contents from unauthorized use, theft, natural disasters, fire, and others. They usually comprise metal boxes made up of thick metals, making it difficult to break them by force or to protect them from fire breakouts. In addition, these safes and vaults require passcodes, numerical pins, or passwords to open them. This report features information on the safes and vaults market offered by key vendors. Furthermore, it highlights the strategies of key players to improve the market share & sustain competition and an in-depth analysis across North America, Europe, Asia-Pacific, and LAMEA has also been included.

销量保持高位，供给瓶颈显现。碳中和带来光伏发展正周期，各环节迎来扩产潮。抽水蓄能价格机制浮出水面，万亿市场空间有望开启。新能源汽车方面，强烈推荐量利齐升的六氟环节（天赐、 多氟多、天际），电解液环节建议关注新宙邦，正极建议容百科技、 德方纳米以及中伟股份，隔膜建议关注恩捷股份和星源材质，负极领 域建议关注璞泰来，锂电池环节建议关注亿纬锂能、宁德时代、国轩 高科。

海外电池企业 Q1 收入分化，lg、三星环比持续向上，全年 lg 及 sk 实 现高增长。LG 化学：营业利润率大幅提高，业绩超预期。三星 SDI：受季节影响环比下滑，全年高增可期。SKI：产能扩张提速，21 年目标翻番。松下：21 财年扭亏为盈，产能规划升级。

中美关系已经发生实质性转变。中美博弈是将长期而反复的，国防实力的快速提升是支撑我国和平崛起的坚实基础。中美矛盾不仅是经济上的，更是地缘政治上的，是国家安全的对立。中国必须维护自己的统一和对南海的掌控，这是国家发展的根本利益所在。而美国也不能轻易放弃在亚洲的主导地位，所以要动用可动用的一切手段去阻止中国达成自己的战略目标。

随着中国经济的不断发展，互联网、物联网、大数据、人工智能等技术的不断突破，给中国物流行业注入了许多新鲜活力，行业智能化趋势日益明显。为了推进物流行业的智能化发展，中国大力支持发展仓储物流机器人在物流行业中的应用，并出台了一系列利好政策。在国家政策支持下，旷视机器人等人工智能企业发展迅速。近年来，旷视机器人打造了一系列机器人硬件设备及机器人网络操作系统河图，为物流智能化赋能，让各系列机器人以及硬件设备之间实现了完美配合，同时实现了机器人与仓储物流业务的结合。