头豹市场研究| 2025/04 www.leadleo.com 2025年 全球及中国智能座舱行业研究报告 2025 Global and China Intelligent Cockpit Industry 2025 年世界及び中国のスマートコクピット産業 （精华版） 报告标签：智能座舱、多模态交互、人机共驾 撰写人：许哲玮 报告提供的任何内容（包括但不限于数据、文字、图表、图像等）均系头豹研究院独有的高度机密性文件 （在报告中另行标明出处者除外）。未经头豹研究院事先书面许可，任何人不得以任何方式擅自复制、再 造、传播、出版、引用、改编、汇编本报告内容，若有违反上述约定的行为发生，头豹研究院保留采取法 律措施、追究相关人员责任的权利。头豹研究院开展的所有商业活动均使用"头豹研究院"或"头豹"的商号、 商标，头豹研究院无任何前述名称之外的其他分支机构，也未授权或聘用其他任何第三方代表头豹研究院 开展商业活动。 ✓ 智能座舱呈现多模态交互成熟、AI大模型上车、舱驾融合趋势显现、车载显示升级、跨界创新活跃 和上下游产业链整合发展等多个发展特点 目前智能座舱多模态交互技术进入快速发展阶段，以科大讯飞为代表的头部厂商 ...

2025 年玻尿酸内衣品牌推荐 万物皆可玻尿酸 | 一、市场背景 2 | | --- | | 1.1 摘要 2 | | 1.2 玻尿酸内衣定义 2 | | 1.3 市场演变 2 | | 二、市场现状 3 | | 2.1 市场规模 3 | | 2.2 市场供需 3 | | 三、市场竞争 3 | | 3.1 市场评估维度 3 | | 3.2 市场竞争格局 4 | | 3.3 十大品牌推荐 4 | | 四、发展趋势 6 | | 4.1 生物科技与功能面料深度融合 6 | | 4.2 内容电商重构消费决策路径 6 | | 4.3 消费需求向"品质+场景"双维度升级强 6 | 2025 年玻尿酸内衣品牌推荐 一、市场背景 1.1 摘要 玻尿酸内衣是近年来兴起的一种功能性内衣，凭借其独特的护肤效果，逐渐受到消费者 的关注和喜爱。玻尿酸内衣的核心在于其面料中添加了玻尿酸成分，能够在穿着过程中 通过皮肤吸收玻尿酸。自 2022 年起，随着电商平台的普及和社交媒体的推广，玻尿酸 内衣市场迎来了爆发式增长。市场上，不仅有传统内衣品牌推出玻尿酸系列，也有许多 新兴品牌专注于这一细分领域，提供不同功能、设计和价格区间的产品。玻尿酸内 ...

头豹市场研究| 2025/04 www.leadleo.com 2025年 全球及中国智能座舱行业研究报告 2025 Global and China Intelligent Cockpit Industry 2025 年世界及び中国のスマートコクピット産業 （精华版） 报告标签：智能座舱、多模态交互、人机共驾 撰写人：许哲玮 报告提供的任何内容（包括但不限于数据、文字、图表、图像等）均系头豹研究院独有的高度机密性文件 （在报告中另行标明出处者除外）。 ，任何人不得以任何方式擅自复制、再 造、传播、出版、引用、改编、汇编本报告内容，若有违反上述约定的行为发生，头豹研究院保留采取法 律措施、追究相关人员责任的权利。头豹研究院开展的所有商业活动均使用"头豹研究院"或"头豹"的商号、 商标，头豹研究院无任何前述名称之外的其他分支机构，也未授权或聘用其他任何第三方代表头豹研究院 开展商业活动。 头豹市场研读 | 2025/04 观点摘要 现阶段智能座舱的发展热点集中在提升用户体验与安全性上，主要表现为大尺寸、高分辨率显示屏 的普及，以及AR-HUD的应用增强驾驶视觉体验。多模态交互如语音、手势识别技术日益成熟，实 现 ...

Investment Rating - The report does not explicitly provide an investment rating for the advanced packaging equipment industry. Core Insights - The advanced packaging technology aims to enhance chip performance, increase functional integration, reduce product size, and improve thermal management capabilities, driven by the demand for high-performance electronic products. The key to achieving these advanced packaging technologies lies in advanced packaging equipment [2]. Summary by Sections Semiconductor Packaging Equipment Industry Overview - Traditional packaging focuses on low cost and simple structures, while advanced packaging utilizes high-density interconnects, heterogeneous integration, and 3D stacking technologies to meet the demands of high-performance computing, 5G, and AI [16]. - The global semiconductor manufacturing equipment sales are projected to grow from $106.3 billion in 2023 to $117.1 billion in 2024, with advanced packaging driving an increase in the share of packaging equipment sales [21][22]. Required Semiconductor Equipment for Packaging Processes - Advanced packaging introduces new applications such as wafer thinning, RDL (Redistribution Layer) production, bump production, and TSV (Through-Silicon Via) production, necessitating both existing backend packaging equipment and new front-end equipment [9][27]. - The traditional backend packaging equipment must undergo technological upgrades to accommodate smaller sizes, higher integration, and more complex structures, focusing on precision, material compatibility, process control, and automation [32]. Advanced Packaging Equipment Analysis - The report highlights the need for various semiconductor equipment types, including thinning machines, dicing machines, and bonding machines, to support advanced packaging processes [35][45]. - The global thinning machine market is dominated by Japanese companies, with a concentration ratio of approximately 85%, while domestic companies like Huahai Qingke and Jing Sheng Machinery are emerging players [40][44]. Traditional Backend Equipment Upgrades and Manufacturers - Traditional backend packaging equipment requires upgrades to meet the demands of advanced packaging, focusing on precision enhancement, material compatibility, process control, and automation [32]. - Key domestic suppliers for thinning machines include Huahai Qingke, Jing Sheng Machinery, and China Electronics Technology Group [32].

Investment Rating - The report does not explicitly state an investment rating for the humanoid robot industry Core Insights - The humanoid robot industry is experiencing significant growth driven by advancements in technology and increasing applications in various sectors such as healthcare, education, and service industries [22][23][24] - The development of humanoid robots can be categorized into three stages: "like a human," "imitating a human," and "becoming a human," with current robots primarily in the "like a human" and "imitating a human" stages [5][6][18] - The report highlights the importance of human-robot interaction, emphasizing that higher levels of anthropomorphism can enhance user trust and satisfaction [3][4][18] Summary by Sections Humanoid Robot Development - Humanoid robots are classified into two categories: non-anthropomorphic and anthropomorphic, with the former primarily used in industrial applications and the latter in interactive settings [9][10] - The report outlines the evolution of humanoid robots, detailing key milestones such as the development of WABOT-1 in 1973 and the introduction of advanced robots like Sophia in 2015 [5][6] Policy Landscape - The Chinese government is increasingly supportive of the humanoid robot industry, with recent policies promoting the development of "embodied intelligence" and smart robots [22][23] - Various provinces, including Beijing, Shenzhen, and Zhejiang, are launching initiatives to foster innovation and growth in the humanoid robot sector, aiming for significant technological breakthroughs and economic contributions by 2027 [23][24][25]

Investment Rating - The report does not explicitly provide an investment rating for the advanced packaging equipment industry. Core Insights - The advanced packaging technology aims to enhance chip performance, increase functional integration, reduce product size, and improve thermal management capabilities, driven by the demand for high-performance electronic products. The key to achieving these advanced packaging technologies lies in advanced packaging equipment [2]. - The future of the IC packaging equipment market is expected to grow significantly as advanced packaging becomes a core and cost-effective path to surpass Moore's Law, leading to an increase in the sales proportion of packaging equipment [5][26]. Summary by Sections Semiconductor Packaging Equipment Industry Overview - Traditional packaging focuses on low cost and simple structures, while advanced packaging meets the demands of high-performance computing, 5G, and AI through high-density interconnects and heterogeneous integration [16]. - The global semiconductor manufacturing equipment sales are projected to grow from $106.3 billion in 2023 to $117.1 billion in 2024, with packaging equipment sales expected to increase significantly due to the rising complexity and demand for AI chips [21][22]. Required Semiconductor Equipment for Packaging Processes - Advanced packaging introduces new applications such as wafer thinning, RDL (Redistribution Layer) production, bump production, and TSV (Through-Silicon Via) production, necessitating both existing back-end packaging equipment and new front-end equipment [9][27]. - The traditional back-end packaging equipment must undergo technological upgrades to meet the requirements of smaller sizes, higher integration, and more complex structures [32]. Advanced Packaging Equipment Analysis - The report highlights the need for various traditional back-end devices, including thinning machines, dicing machines, bonding machines, and molding machines, which must adapt to advanced packaging requirements [35][45]. - The global thinning machine market is dominated by Japanese companies, with a concentration ratio of approximately 85%, while domestic companies are also emerging in this space [40][44]. Traditional Back-End Equipment Upgrades and Manufacturers - Traditional back-end packaging equipment requires upgrades in precision, material compatibility, process control, and automation to meet the demands of advanced packaging technologies [32]. - Key domestic suppliers for thinning machines include Huahai Qingke, Jing Sheng Machinery, and China Electronics Technology Group, among others [32].

Investment Rating - The report indicates a strong growth potential for the bottled fruit and vegetable tea industry, with a projected market size exceeding 250 billion yuan by 2025, maintaining a stable growth rate of 15%-20% [9][10]. Core Insights - The bottled fruit and vegetable tea market has experienced explosive growth, driven by the health-conscious preferences of younger consumers and the demand for convenient, healthy beverages. The market is expected to reach a scale of 218 billion yuan in 2024, with a compound annual growth rate (CAGR) of over 25% [4][7]. - The industry is characterized by a seasonal sales pattern, with summer sales potentially reaching 2-3 times that of winter, necessitating flexible supply chain strategies [4]. - The market has evolved through three stages: cultivation (2015-2018), rapid growth (2019-2022), and quality upgrade (2023-present), with a forecasted steady growth of 15%-20% over the next five years [6]. Market Overview - The market size for bottled fruit and vegetable tea is projected to reach 218 billion yuan in 2024, accounting for 18.7% of the entire ready-to-drink tea market. Convenience stores contribute 42% of sales, while e-commerce channels are growing rapidly at an annual rate of 210% [7][8]. - The market exhibits a gradient development characteristic, with the East China region leading at 38% market share, and a significant preference for tropical fruit flavors in South China [8]. - Mid-range products priced between 5-8 yuan dominate the market, capturing 65% of the share, indicating consumers' willingness to pay a reasonable premium for quality [8]. Market Competition - The competition landscape is diverse, with international giants like Suntory and Ito En leveraging localized strategies to capture market share, while traditional beverage companies like Master Kong and Uni-President are transitioning to fruit and vegetable tea production [15]. - New brands such as Tea Xiaokai and Yuanqi Forest are adopting innovative supply chain models, significantly shortening product iteration cycles and increasing new product launches by 40% year-on-year [15]. - The evaluation of the top ten brands is based on product quality, market performance, and brand reputation, ensuring a comprehensive assessment of their competitive positioning [11][13][14]. Development Trends - The industry is focusing on technological innovations, including cell wall breaking technology to enhance nutrient absorption rates, membrane separation technology for flavor optimization, and microencapsulation technology to prolong the shelf life of active ingredients [27]. - Scenario-based marketing is becoming crucial, with brands developing products tailored for specific contexts such as health check-ups, dining experiences, and fitness recovery [28]. - Sustainable sourcing of raw materials is increasingly important, with brands like Nongfu Spring promoting organic farming practices and Tea Xiaokai utilizing local ingredients to reduce carbon footprints [29][30].

行业概览 2025/04 www.leadleo.com 2025年中国GLP-1RA行业概览：新一 代全球药王预定？GLP-1RA让马斯克 躺赢月瘦二十斤！ China GLP-1RA Industry 中国GLP-1RA産業 报告标签：血糖调控、体重管理、GLP-1受体激动剂 主笔人：吕佳睿 报告提供的任何内容（包括但不限于数据、文字、图表、图像等）均系头豹研究院独有的高度机密性 文件（在报告中另行标明出处者除外）。 ，任何人不得以任何方式擅自 复制、再造、传播、出版、引用、改编、汇编本报告内容，若有违反上述约定的行为发生，头豹研究 院保留采取法律措施、追究相关人员责任的权利。头豹研究院开展的所有商业活动均使用"头豹研究院 "或"头豹"的商号、商标，头豹研究院无任何前述名称之外的其他分支机构，也未授权或聘用其他任何 第三方代表头豹研究院开展商业活动。 行业概览 | 2025/04 中国GLP-1RA行业 摘要 胰高血糖素样肽-1（GLP-1）是一种主要由肠道 L细胞分泌的肠促胰素类激素，相关药物包括 GLP-1受体激动剂（即GLP-1RA）和DPP-4抑制 剂。GLP-1RA通过激活GLP-1受体，以葡萄 ...

2025年中国护肤品行业 白皮书 皮肤经济学：解码千亿护肤市场的成分革命与功效 争夺战 China Skincare Products Industry 中国スキンケア製品産業 报告提供的任何内容（包括但不限于数据、文字、图表、图像等）均系头豹研究院独有的高度机密性文件（在报告中另 行标明出处者除外）。 ，任何人不得以任何方式擅自复制、再造、传播、出版、引用、改 编、汇编本报告内容，若有违反上述约定的行为发生，头豹研究院保留采取法律措施、追究相关人员责任的权利。头豹 研究院开展的所有商业活动均使用"头豹研究院"或"头豹"的商号、商标，头豹研究院无任何前述名称之外的其他分支机构 ，也未授权或聘用其他任何第三方代表头豹研究院开展商业活动。 1 头豹研究院 弗若斯特沙利文 行业白皮书 | 2025/05 中国：护肤品系列 ◼ 研究背景 近年来，国民健康意识的增强、审美观念 的演进以及科学护肤理念的普及，使得中 国护肤品行业进入了高质量发展阶段。Z 世代、新中产、银发族等多元人群的消费 诉求不断细化，推动行业从功能型护肤迈 向精细化、个性化与科技化的全新阶段。 同时，技术创新、原料升级与渠道变革交 织演进，重塑品牌竞 ...

Investment Rating - The report does not explicitly state an investment rating for the infant formula industry Core Insights - The infant formula market in China has undergone significant changes, with a market size of 1,957.92 billion RMB in 2019, which decreased to 1,768.75 billion RMB in 2023 due to declining birth rates [7] - The new national standards for infant formula, effective from February 22, 2023, emphasize safety and quality, requiring companies to submit formula registrations that comply with these standards [4][17] - The market is expected to stabilize, with a projected size of approximately 1,128.85 billion RMB by 2028, reflecting a compound annual growth rate of -8.85% [7] Market Background - Infant formula is designed to meet the specific nutritional needs of infants and young children, mimicking breast milk or adjusting formulas for special medical needs [4][5] - The evolution of the infant formula market in China can be divided into four key stages, from initial development to rapid growth and diversification [6] Market Status - The supply of infant formula is supported by a steady increase in the number of dairy cattle, with the number of cows rising from 91.38 million in 2019 to 105.09 million in 2023 [8] - The demand for infant formula is declining due to a decrease in the birth rate, with 9.02 million newborns in 2023, leading to a reduced consumer base [9][10] Market Competition - The competition in the infant formula market is intensifying, with domestic brands like Feihe and Yili gaining market share against international brands like Mead Johnson and Wyeth [16] - The report identifies ten leading brands in the market, including Wyeth, Nestlé, and Mead Johnson, evaluated based on product approval, financing progress, market penetration, innovation, and compliance [11][12][13][15] Development Trends - The industry is moving towards innovative formulations that enhance the nutritional profile of infant formula, focusing on multi-component synergy rather than single-component additions [32] - Technological advancements in production processes are ensuring the stability and bioactivity of nutrients in infant formula [33] - There is a growing emphasis on clinical evidence and research to validate the effectiveness of infant formula in real-world settings [34] - The industry is also focusing on providing comprehensive nutritional support for infants with special medical needs, reflecting a commitment to social responsibility [35]