轻工制造AI眼镜行业专题报告：政策&产品催化持续，看好AI眼镜逐步放量
ZHESHANG SECURITIES·2025-02-24 05:23

Investment Rating - The industry investment rating is "Positive" (maintained) [6] Core Viewpoints - The AI glasses industry is expected to experience a breakthrough due to continuous policy and product catalysts, with the China Academy of Information and Communications Technology launching the world's first AI glasses special test covering over 60 indicators [1] - The global AI glasses market is projected to exceed $300 billion by 2030, with an expected sales volume of 5.5 million units in 2025, representing a year-on-year increase of 135% [2] - The upcoming product launches from major brands are anticipated to catalyze stock prices, with several new AI glasses expected to be released throughout 2025 [3] - Investment recommendations include focusing on companies like 康耐特光学 (Kangnait Optical) and 明月镜片 (Mingyue Lens), which are well-positioned to benefit from the industry's growth [4] Summary by Sections Policy and Product Catalysts - The launch of the AI glasses special test by the China Academy of Information and Communications Technology is a significant step towards standardization in the industry [1] - New products such as Rokid Glasses and Xiaomi AI glasses are set to enhance the market with innovative features [1][2] Market Potential - The AI glasses market is expected to grow significantly, with technological advancements addressing key pain points such as interaction, battery life, and weight [2] - The forecasted sales volume and market size indicate a robust growth trajectory for the industry [2] Brand Launches and Cost Trends - A series of product launches from major brands throughout 2025 is expected to drive market penetration and stock performance [3] - The decreasing costs of key components are likely to facilitate wider adoption of AI glasses as prices approach below 1,000 yuan [3] Investment Recommendations - The report suggests focusing on 康耐特光学 and 明月镜片 as key players in the AI glasses supply chain, highlighting their strategic partnerships and market positioning [4]