Hong Kong stock concept tracking | rapid growth of global AI smart glasses market after 2025, industry chain companies fully benefiting (with concept stocks)

According to Wellsenn XR's projection, the global AI smart glasses market is expected to grow rapidly after 2025, and the global sales of AI smart glasses are expected to reach 80 million pairs by 2030. Following Meta, internet companies, smartphone manufacturers, and many XR companies have started to enter the AI glasses market. In the second half of 2024, various brands began to release a series of AI glasses, with companies like Lai Niao, Rokid, Baidu, and Shanji launching new AI glasses products to surpass Ray-Ban Meta in terms of weight, price, and AI performance, driving the industry into a period of rapid growth. A research report from China Securities Co., Ltd. states that AI smart interactive glasses, as a special product of the AIGC era, not only alleviate the discomfort of traditional AR/VR/XR devices, but also introduce a new interactive mode that is more in line with modern lifestyles. High-performance, low-energy consumption SoC integrated chips support or internally integrate NPU, making hybrid AI deployment the mainstream solution for portable smart terminals. According to WellsonXR's prediction, starting in 2025, non-display AI will officially enter a period of rapid growth, quickly penetrating into traditional glasses. By 2035, global sales of AI+AR smart glasses are expected to reach 1.4 billion pairs, equivalent to the scale of smartphones, becoming the next generation universal computing platform and terminal. Mixed AI provides smart glasses with a new interactive way, making AI glasses an important landing scene for edge AI. The research report from China Securities Co., Ltd. indicates that as the capabilities of large-scale models continue to grow iteratively, the differences between models are narrowing, with giants like Meta, ByteDance, Xiaomi actively deploying edge AI to capture the entrance of AI agents. In 2024, potential trending edge AI products appeared, the cost curve of AI glasses experienced a significant drop, and 2025 is expected to be the year of its outbreak. Meta's AI glasses are priced as low as $299, which is not much different from regular glasses. According to The Verge, as of May 2024, the shipment volume of Ray-Ban Meta has exceeded 1 million pairs, with an expected annual total of over 2 million pairs. With more players joining the market, it is expected that 2025 will become the year of outbreak for the AI glasses market. Hong Kong stocks related to AI glasses: TCL ELECTRONICS (01070): On January 7th, TCL ELECTRONICS released the new AI shooting glasses product, Lai Niao V3 under the Lairo brand. The company plans to launch a new smart glasses product X3Pro in the second quarter of 2025. Guotai Junan pointed out that Lai Niao's innovation is incubated by TCL ELECTRONICS, with its core team coming from TCL, DJI, Meta, and ByteDance, showing obvious innovation advantages. The bank believes that considering TCL ELECTRONICS' overall entry into the profit recovery channel and its 11.5% stake in Lai Niao Innovation, its leading market share in the AI glasses business is expected to benefit from the outbreak of the AI industry. SUNNY OPTICAL (02382): Sunny Optical has technological layout and product solutions in the AI glasses vision solutions, especially in the areas of scene interaction, information exchange, and imaging. The company has implemented a full-stack XR vision solution covering technologies such as single-eye, dual-eye, dTOF and continuously promoting research and development progress in high resolution, miniaturization, variable aperture, etc., to meet the industry's demand for features such as SLAM, ultra wide-angle, super telephoto, and eye tracking in AI glasses. CONANT OPTICAL (02276): CONANT OPTICAL recently announced that it has signed a product supply framework agreement with a multinational consumer electronics company for long-term cooperation. Under the supply agreement, the other party has placed formal orders with the company for customized lenses with personalized parameters to be used in their products. At the same time, the company has established an XR research and service center to provide support and services for potential precision optical business from both the technical and market aspects, strengthening the company's research and development of technological applications in XR optics.