仓储物流智能化渗透率有待提升。核心设备方面，自动分拣机、AVG、自动立体仓库为代表的核心领域实现技术突破，开始国产

化替代。系统集成商处于产业链核心地位。发展趋势是由设备制造商向综合解决方案服务商发展，核心竞争力在于打造技术、数据、服务等生态闭环。

通过研究玻璃行业的产能周期（供给周期）、库存周期、价格周期来发掘平板玻璃价格变化的内在趋势。我们预测本轮玻璃周期价格的高点大概率出现在2018 年四季度；18 年玻璃在产产能有望收缩6%，在需求企稳的情况下，玻璃价格有充分上涨的弹性。

2017 年已经过去，上市公司年度业绩预告陆续发布完毕。根据 wind数据统计，截至 2018 年 2 月 6 日，沪深两市汽车板块已有 100 家上市公司发布业绩预告及修正公告，11 家上市公司发布业绩快报。100 家发布业绩预告的上市公司包括 43 家在主板上市的公司，39 家中小板上市的公司和 18 家创业板上市的公司，其中，33 家公司略增，11 家公司略减，9 家公司预减，27 家公司预增，4 家公司扭亏，9 家公司续盈，7 家公司首亏。

The global swimming gear market is growing rapidly across the globe, driven by strong growth in the Americas. Swimming is becoming popular as a healthy exercise choice. Swimming gear materials are going through various product innovations. Yet, the production of swimming gear materials has been restricted by various regulating bodies, which affects the market negatively. Apart from the inclusion of the new fabrics and materials in the swimming gear market, a number of styles and prints are also being introduced. Fine detailing, bold prints, pastels, and metallic colors are making an impression in the global swimming gear market. There are also a number of factors hindering the growth of the market such as unfavorable weather conditions and restrictions in many countries in the Middle East and APAC. There have been some positive trends emerging in the market, like multi-functional swimwear and eco-friendly swimwear, which will drive the global swimwear market positively.

过低或过高温度均会影响锂电池性能和使用寿命，因而必须拥有热管理系统。根据传热介质的不同，电池热管理系统可分为风冷、直冷与液冷，液冷相对直冷成本更低，冷却效果也优于风冷，具备主流应用趋势。

Public transportation is important for travel, easing congestion, and reducing emissions in urban regions. Hence, the authorities across regions are encouraging use of public transportation. The buses are the common mode of transit in urban public transportation owing to their operation on streets and extensive network of lines.

Bungee jumping is an extreme adventure sport. In this, a jumper does a free fall from a fixed tall structure like a cliff, bridge, or crane, as well as from a stationary hot-air balloon or helicopter, with the help of a harness and a rubber cord (commonly known as a bungee cord) attached to the body. The jumper bounces back to some extent when the bungee cord rebounds its maximum stretch, and continues to fly up and down until all the kinetic energy is dissipated.

The rise in awareness of infant care in developing countries like India and China is increasing the demand for baby care products. Urbanization in these regions is another factor. Developed countries like the US continue to dominate the market in terms of revenue. The increase in the number of working women has led to mothers being ready to pay for premium products. They purchase these products in bulk to reduce the price.

Luggage and related luggage products are increasingly moving away from having only utilitarian value to functioning as fashion accessories. Luggage products have been gaining consumer interest with the growing popularity of outdoor sports and adventure travel, apart from a rise in the global travel industry. The market is expected to witness growing demand for durable luggage products that are also compact and lightweight. To cater to this demand, manufacturers are using materials like nylon, polyester, polycarbonates, faux leather, and microfibers.

泛半导体行业重回景气周期，带动上游设备需求量增加。上游设备被美日荷垄断，市场集中度高。