先进制造行业周报：聚焦2025CES之二：AI眼镜或成端侧AI重要落地场景

Investment Rating - The industry investment rating is "Overweight" [3] Core Viewpoints - AI glasses are emerging as a significant application for edge-side AI, with the CES 2025 showcasing numerous domestic companies and their innovative products [5][6] - The report highlights the potential for AI glasses to penetrate the traditional eyewear market, with projections indicating that global sales of AI+AR smart glasses could reach 1.4 billion units by 2035, comparable to smartphone sales [5][31] - The integration of AI technology into glasses is expected to enhance user interaction and comfort, addressing the limitations of traditional AR/VR devices [21][31] Summary by Sections Investment Recommendations - Key stocks recommended include Beite Technology, Zuwai Co., Sanhua Intelligent Control, Shuanglin Co., Mingzhi Electric, Lais Information, Nairui Radar, Wanjitech, Wanma Technology, and Softcom Power [4] Industry Focus - The report emphasizes several sectors for tracking, including: - AI Glasses: Highlighting the competitive landscape and the emergence of various products from companies like XREAL, Thunderbird Technology, and Rokid [5][6] - Humanoid Robots: Anticipated demand of approximately 2 million units by 2030, with a focus on Tier 1 suppliers and core component manufacturers [5] - Photovoltaic Equipment: Increasing penetration of N-type technology and the strengthening of leading companies' competitive advantages [5] - Energy Storage: Positive policy impacts driving growth in both generation and user-side storage sectors [5] - Semiconductor Equipment: Expected demand of $140 billion by 2030, with a focus on domestic companies and rapid breakthroughs in localization [5] - Automation: Market size projected to grow from 40 billion to 55.7 billion by 2026, benefiting from increased concentration and import substitution [5] - Hydrogen Energy: Green hydrogen aligns with carbon neutrality goals, with rapid development in photovoltaic and wind energy sectors [5] AI Glasses Market Insights - The report discusses the classification of AI glasses into two main categories: AI shooting glasses and AI+AR glasses, with a focus on their functionalities and market positioning [14][21] - The advantages of AI glasses include lightweight design, cost-effectiveness, and enhanced user interaction through voice control and AI capabilities [19][21] - The report notes that the cost of AI glasses is significantly lower than traditional AR glasses, making them more accessible to consumers [28][31]