Power cutters are prominent tools that have unlimited applications across most industrial, commercial, and even household usage. Power cutters have been a convenient resource, aiding workers across industries. The use of power cutters can eliminate the need for strenuous manual labor. Their use in the construction and automotive sectors gives new opportunities for innovation in the power cutters market. The global power cutter market is highly competitive with low market concentration. However, the average price of the product has been declining owing to the maturing technology and declining prices of raw materials. Vendors are, thus, introducing innovative features to differentiate their products in the market. The introduction of innovative products, such as infrared heat guns, can also become a possible threat to the market. However, infrared heat guns are not ideal for all commercial, industrial, and residential use. Furthermore, these products are also more expensive than the average price of heat guns.

海外疫情控制，海外汽车销量逐步回升，美国汽车零部件存货周期在底部，即将进入补库阶段。 国内出口比重较高的零部件公司库存周期处在底部阶段。 海外疫情有望加速出口零部件公司市场份额提升，预计二、三季度出口零部件公司将迎来海外补库阶段，这些公司出口收入有望快速增长。

短期来看：疫苗陆续接种，宏观形势逐渐稳定，自主品牌乘用车回暖迅速，豪华车有望延续高销量态势。基于MEB 平台的ID.4 系列上市，未来可能会有超预期表现。建议关注新车频发的自主品牌整车标的以及MEB 产业链、新能源汽车产业链等。