研报 | 近眼显示对OLEDoS的需求将逐年提升

Core Insights - SeeYA Technology's IPO application has been approved by the Shanghai Stock Exchange, aiming to raise 2.015 billion RMB for expanding its OLEDoS display production line and R&D center [2] - The demand for OLEDoS micro-displays in AR, VR, and MR devices is projected to reach 31.5 million units by 2030, with a compound annual growth rate (CAGR) of 81% from 2025 to 2030 [2] Industry Analysis - The listing of SeeYA marks a shift from Sony's monopoly in the OLEDoS supply chain, fostering a local supply chain with companies like BOE, Xitai, and Aolide, which could enhance price competition and promote the technology's penetration in AR/VR/MR products [5] - As VR/MR technologies evolve towards lightweight and high-resolution specifications, OLEDoS is expected to optimize in cost and technology, positioning it as a potential leader over current mainstream technologies like LCD and glass OLED [5] - OLEDoS's penetration rate in the global VR/MR market is anticipated to rise to nearly 60% by 2030 [5] Market Position - In the AR glasses sector, despite the trend towards lightweight designs and auxiliary information, OLEDoS-equipped viewing products are expected to maintain over 20% market share by 2030 due to superior image quality and a robust supply chain [6]