电子行业：AI眼镜行业逐步规范，产业化发展加速

Investment Rating - The report maintains a "Recommended" investment rating for the electronic industry, specifically focusing on AI glasses [1]. Core Insights - The AI glasses industry is gradually becoming standardized, with accelerated industrial development. The global sales of AI smart glasses are projected to reach 1.52 million units in 2024, representing a year-on-year growth of 533% [3]. - The RayBan Meta smart glasses have achieved significant sales, with 1.42 million units sold, marking an increase of over 300% compared to the 300,000 units sold of RayBan Stories launched in September 2021 [3]. - The market is witnessing an influx of manufacturers, and the China Academy of Information and Communications Technology (CAICT) is promoting industry standards, which is expected to expedite the industrialization of AI glasses [3]. - The report anticipates that AI glasses will experience a breakthrough similar to the "iPhone moment," with expected shipments of 3.5 million units in 2025, a year-on-year increase of 130%, and projections of 90 million units by 2030 [3]. Summary by Sections Market Performance - The AI glasses market is still in its infancy, lacking evaluation standards and featuring a mix of product quality. The CAICT's initiative for specialized testing indicates a push towards standardization and provides guidance for manufacturers' R&D [3]. Future Projections - The integration of AR and AI glasses is seen as an inevitable trend, with advancements in edge-side models further enhancing the development of smart glasses. AR glasses are positioned as ideal devices for daily wear, capable of seamlessly integrating into users' lives [3]. Investment Recommendations - The report suggests focusing on companies within the AR and AI glasses supply chain, including Crystal Optoelectronics, Tengjing Technology, Weir Shares, Yidao Information, Tianjian Shares, Jiahe Intelligent, and GoerTek [3].