This report covers the study of the global construction equipment rental market. Comprehensive analyses of the market trends, future estimations, and thorough study of the market on the basis of application, product, propulsion system and region are included in this report. Construction equipment rental market includes construction equipment of different types depending on their application, product, and propulsion system. Construction equipment are used to in construction and mining activities. Furthermore, the report highlights the regional trends and the regional coverage of this market across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa). It further provides insights on the drivers, restraints, and opportunities to understand the dynamics and potential of the construction equipment rental market.

The lighting industry has seen tremendous progress over the past 200 years. The gas lamp was invented and brought into the US in the 1790s. These lamps became common since coal was also used as a fuel source for cooking in homes. The early 1900s were preceded by light bulbs in the 1830s and the first electronic lamps were installed. The light arc was built in Paris in the 1840s. Theater illumination was developed by guiding an oxyhydrogen flame to a calcium oxide cylinder for early arc lights or street bulbs. Although it is no longer a light source for theaters, the term "in the focus" is still used. Fluorescent lights were invented and available in the early 1860s. Thomas Edison developed the carbon filament incandescent light bulb in 1879, which became the standard for lighting for many decades.

A concrete pump is a machine used to transfer liquid concrete by means of pumping. The pump operates by one piston drawing liquid concrete into a cylinder from a hopper, while the other simultaneously pushes its concrete out into the discharge pipes. Concrete pump is important in revolutionizing the construction of highrise buildings and structures. The report on the global concrete pumps market presents a detailed analysis of the trends, future estimations, and thorough study of the market depending on type, industrial vertical, and region.

Dry type transformer consists of magnetic core transformers in which the magnetic core, primary & secondary windings are embodied using insulating materials such epoxy or polyester that are non-inflammable and can be defined as self-extinguishing. The global dry type transformer market analyzes different types and configurations of dry type transformers used in industrial, commercial, and other end uses. The market is segmented on the basis of type, technology, phase, voltage, and end use. Based on region, the global dry type transformer market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

据SEMI 最新预测，2020 年全球半导体设备销售额有望同比增长16%，创下689 亿美元的历史新高。从历史规律来看，半导体产业链景气度呈螺旋震荡上升趋势，我们认为，经过2019 年的下行调整，2020 年产业上下游均已呈现复苏迹象，受益于全球经济修复及5G、IOT、AI 等新一轮技术浪潮驱动，2021 年全球半导体产业有望进行景气上行阶段。2019 年以来中国大陆逆周期芯片扩产带动中国大陆设备需求逆势增长、设备国产化进程加快，我们认为，全球下游景气回暖有望再添设备需求新动能。建议关注在刻蚀、薄膜沉积、测试设备等领域技术、市场加速突破的国产设备龙头。

核心结论：制造业景气度持续高涨，叉车行业景气度可持续性增强。国内叉车行业长期成长空间广阔，短期、中期和长期都有增长的驱动力。我们认为，中短期主要影响因素包括：1）国内疫情后制造业复苏；2）海外疫情影响产能，需求转向国内，出口回暖；3）疫情后的人工替代；4）宽松的流动性环境；5）行业集中度提升。长期来看，叉车行业将在电动化和智能化的变革下，国内龙头有望依托国内高速增长的市场，并在全球范围内持续提升份额，逐步成长为具有强竞争力的全球巨头。

Electron beam physical vapor deposition (EB-PVD) coatings are formed by a thin film deposition technique called as electron beam physical vapor deposition (electron beam evaporation). It is one of the thermal evaporation processes where electrons evaporate the coating material and cause it to deposit on the substrate. On contact with the substrate, the evaporant condenses and forms thin film on the substrate. Coating produced by EB-PVD process is in the scale of microns (μm). Coating can be single layer or multi-layered as per the properties required in the substrate. EB-PVD coatings mainly function as a thermal barrier coating (TBC) for high temperature environments such as in turbine blades and automotive engine components. Moreover, EB-PVD coatings improve the optical properties of optical lenses and enhance corrosion resistance of medical devices and biomedical implants.

动力电池性价比快速提升，新能源车与油车平价时代即将来临。当前终端新能源车To C端消费逐渐占据主力需求，电动车性价比是消费者考量的主要因素。动力电池系统占据新能源车制造成本的30%-50%，是新能源车降价的主要着力点。

智能装备是典型的顺周期产品，判断库存周期的方向和持续性对相关领域的投资至关重要，我们认为2021 上半年国内库存周期将继续向上：智能制造(机械)行业，即使是其中成长性的细分赛道，也难免会受到宏观经济周期波动等因素的影响。从历史数据来看，国内PMI 指数、工业企业存货同比增速、金属切削机床产量同比增速、工业机器人产量同比增速等数据之间，有高度的相关性。库存周期是2020 年智能制造(机械)行业的投资主线，其后续的走向和持续性，也是当前市场最主要的分歧所在。

11 月挖机销售持续旺盛，行业需求较好。根据中国工程机械工业协会统计，2020 年11 月纳入统计的25 家挖掘机制造企业共销售各类挖掘机32236台，同比增长66.9%；其中国内28833 台，同比增长68%；出口3403 台，同比增长57.8%。2020 年1-11 月，共销售挖掘机296075 台，同比增长37.4%；其中国内265545 台，同比增长38.4%；出口30530 台，同比增长28.8%。