中国正在逐步成为全球制造业的中心，成为全球制造业体系中不可或缺的一环；中国制造业供应链体系成熟度高，关键数据打通能力强，虽然疫情对供应链产生一定影响，但短期内中国制造业供应链在国际中的地位不会被取代；在尚未全面实现柔性化生产前，是否应该保证适当库存以应对紧急情况是本次疫情中体现的一个需要反思的问题；运用新一代信息技术实现数字化转型升级是制造业企业面临的“迫在眉睫”的任务。

Pin and sleeve devices are widely used in residential, commercial, and industrial applications as a medium for electricity to flow from circuit to device. Various industries, including automotive, manufacturing, oil & gas, and energy & power, widely use pin and sleeve devices in multiple applications as these devices offer safe connectivity and high durability. They also provide suitable result in abusive environments. The scope of the report discusses the potential opportunities for the market players to enter the global pin and sleeve devices market. Furthermore, it provides an in-depth analysis of the market, outlining current trends, key driving factors, and key area of investments. The report includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder in the value chain. Moreover, it features the strategies adopted by key market players to maintain their foothold in the market.

移动互联网时代后，是软硬结合的物朕网时代：近年随着移动互联网人口红利消失，智能手机出货量持续下降，人们将眼光转向手枳以外的智能硬件，家庭、教育和医疗等场景下的机器人逐渐发展。智能机器人成为投融资热点，机器人相关专利数上升：智能机器人是2013年至2018年人工智能技术层最受创投圈欢迎的人工智能应。国内枳器人专利数持续上升，其中2015年同比增速翻一番，近几年呈下降趋势。

The development of injectable drug delivery system is playing a major role in the healthcare industries. New technologies are influencing the current medical practices, which are positively changing the bioavailability, safety, and efficacy of the drug.  The burden of chronic diseases is increasing worldwide. Factors, such as aging population and behavioral changes in lifestyles, are leading to long-term health problems, and their treatment can be expensive. Most deaths by chronic diseases can be attributed to cardiovascular diseases, obesity, and diabetes. This rise in the burden of such diseases is contributing in the growth of the injectable drugs and devices market. The increasing adoption of injectables drugs is currently driving the growth of the market. In the regions, like North America, there has been an increasing adoption for injectable drugs, due to early adoption of advanced technologies. The companies operating in the prefilled syringes industry are getting government approvals for various drugs used in syringes, to increase their market share.

光伏行业长期受到产业技术进步、能源政策导向、产能周期波动等众多瞬息万变因素的影响，因此对相关板块的研究判断结论通常充满各种不确定性，并造成一定程度的板块估值折价，新冠疫情肆虐更是平添了新的不确定性。

白电受疫情影响持续下行，小家电表现上行。（1）白电出货端：据产业在 线数据，2 月空调内销同比下降 67.33%，出口同比下降 13.2%；冰箱内销 同比-47.2%，外销-17.6%；洗衣机内销同比-52.4%，外销同比-37.7%。白 电内销受疫情冲击影响持续下滑，预计 Q1 出货量将持续承压；外销受 海外疫情扩散影响，未来短期需求将受挫。（2）白电零售端：据奥维云 网，2 月空调零售额线上同比-23.8%，线下同比-39%；冰箱线上-5%，线 下-68.1%；洗衣机线上-12.5%，线下-63.4%。（3）小家电零售表现上行： 厨房小电线上同比增速 22.4%，环境电器中吸尘器线上增速达 49.2%，净 化器增速达 68.8%。我们认为居民宅家时长增加，拉动小电需求；同时健 康意识增强拉动清洁电器消费。

消费利好政策频出，看好边际改善。3 月 18 日，商务部消费 促进司负责人王斌表示将会同有关部门进一步研提促进汽车、家具、 家电等重点商品消费的政策措施。多个地方政府也推出促消费政策， 向市民发放消费券，释放居民消费潜力。我们认为随着家电促消费政 策逐步落地，前期受疫情抑制的家电需求将得到释放，家电消费有望 边际改善。