随着疫情好转，PMI 指数回升，工业机器人需求转暖，行业发展长期持续向上。疫 情影响逐渐缓和，3 月PMI 已回升至52%，4 月小幅下降至50.8%，较前值下降1.2pct。 总结疫情影响的经验教训有望催生企业自动化需求，目前行业也积极推进国产化 与国际化的进程，推进跨界合作寻求新发展。随着国内产业链逐步完善，此轮行业复苏 将伴随着国产化率的提升。建议关注具有核心技术、未来有可实现国产代替进口潜力的 机器人企业。

需求的持续复苏仍需基建投资发力。2020 年 1-4 月固定资产 投资增速同比下滑 10.3%，增速较前值提高了 5.8 个百分点。其中，制 造业投资同比下降 18.8%，基建投资同比下降 8.8%，房地产投资下滑 3.3%，降幅均呈现收窄的态势。5 月中采 PMI 为 50.6，环比下降 0.2， 连续三个月处于荣枯线以上。我们认为，在国内疫情结束和房地产竣 工提速的背景下，企业生产经营整体向好，未来需求的可持续性复苏 仍需基建投资作为重要支撑。

At present, cars are all about luxury, comfort, and best driving experiences. Seats are the integral part of driving experience, and in order to improve comfort and luxury, all the automobile manufacturers are trying to provide best seating experience by offering more passenger friendly seats in cars. One of the latest trends in the automotive seats market in China or any part of the world is ventilated seats, especially in the budget segment vehicles. These seats are meant to offer comfort and healthy experience to the occupant. Ventilated seats contain small seat ventilation fans, which direct air through the seat onto the occupant. The production trend of cars till 2018 has contributed to a direct increase in the demand for seat assembly. Owing to the rising air pollution and extreme climatic conditions in the country, the preference and usage pattern of air conditioning have been prevalent in serving the occupants. Moreover, the increasing average drive time spent in vehicles has led to a rise in the demand for ventilated seats in luxury automobiles. In 2019, the country noticed a decline of 3% in the SUV sales, when compared to that of 2018, registering 10.35 million units. However, the country remains as a top market in the SUV segment at a global level. In the recent launches of new SUV models, the front seats have been equipped with ventilated seats. For instance, in 2018, GAC Trumpchi launched next-generation Trumpchi GS5 compact SUV, equipped with ventilation systems for front seats. Similarly, SWM launched the G01 compact SUV, equipped with high-quality leather seats that feature ventilation designs (the main seat is equipped with a heating system). The trend of ventilated seats and the increasing demand in the SUV segment may drive the market studied in the future.

小尺寸方面，手机面板价格4月下跌4.3%-10.5%，主要源于4月海外疫情持续发酵，全球经济与消费 遭受重创，手机需求下滑，多个手机品牌出现面板减单、新项目推迟等情况，而供给端中日韩产能逐 渐恢复，造成一定时间供需错配，出现阶段性供给过剩；

过去的一个月（2020.04.22~5.22），扫地机行业龙头科沃斯和石头科技 迎来了久违的行情，股价分别上涨 28%、16%左右，同期沪深 300 指数持平。

本监测报告内容覆盖智能制造装备总体产业，包括智能测控装置、关键基础零部件、智能化高端装备和重大集成智能装备等智能制造装备的细分产业；以关键制造环节的智能化为核心，以端到端数据流为基础，和以网通互联为支撑。包括智能产品、智能生产、智能工厂、智能物流、各类智能机器人等。

In el ectronics manufacturing, IC (integrated circuit) packa ging is the final s tage of semiconductor device fabrication, in which, the tiny block of semiconducting material is encased in a supporting case that prevents physical damage and corrosion. The increasing efforts to make the electronic packaging highly resourceful has led to amplified usage in a myriad of applications. The reduction in package size is inversely proportional to the power dissipation. Therefore, the players in the market are striving to develop semiconductors that can retain power with reduced size. For instance, NXP semiconductors achieved 55% reduction in package size for its transistors range by retaining the same power performance，both devices take up an area space of 2 mm by 2 mm. These trends drive the growth of the miniaturized semiconductor and IC packaging markets. This has also resulted in the development of three-dimensional integrated circuits (3D IC) technology, which is increasingly adopted across various space-constrained applications, including portable consumer electronic devices, sensors, MEMS, and industrial products, as it increases the overall performance of the products regarding speed, durability, low power consumption, lightweight, and memory.

The report discusses different types of industrial refrigeration systems and components used for various applications. Industrial refrigeration systems are used for massive freezing and refrigeration plants that are usually involved in food & beverage processing, cold storage, and others. They are also used in the manufacturing industry. The report covers industrial systems offerings, which include industrial refrigerators and components. By component, the market is categorized into compressors, condensers, evaporators, controls, and others. Depending on refrigerant type, the market is divided into ammonia, carbon dioxide, hydrofluorocarbon (HFC), and others. On the basis of application, the market is categorized into fresh fruits & vegetables; dairy & ice cream; meat, poultry, & fish; beverages; chemicals; pharmaceuticals; and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

2019 年底国家标准化委员会公布空调行业新版能效标准等级，新标将于 2020 年 7 月 1 日正式实施。新标统一了变频及定频空调能效标准，将能效标准评定分为 1-5 级，并将 市场准入门槛大幅提升。当前市场绝大部分定频空调及部分 3 级能效变频空调或将不达 新标的市场准入门槛，面临淘汰，涉及产品约占当前市场销量的 4 成左右。