The AI glasses market is shifting from early competition to a specialized growth phase, with 2026 Chinese shipments forecast at 4.5 million units. Key drivers include new product launches from Google and others, with competition now focused on user experience. The supply chain's high-value segments are optical displays and main control chips, where companies like Hengxuan Technology are increasing investments. The industry anticipates a major inflection point around 2027-2028 as improved edge computing transforms devices into daily essentials.