谁是真正的低空经济龙头企业？全景报告图解产业链

Core Insights - The low-altitude economy has seen a surge in company formations since its inclusion in the government work report in 2024, with 139,000 existing related enterprises in China [1] - A report identified 150 leading companies in the low-altitude economy based on criteria such as large capital, typical business models, and patent achievements since 2014 [1] Group 1: Industry and Regional Policy Drivers - The establishment of low-altitude enterprises is significantly driven by industry and regional policies, with notable concentrations in the Yangtze River Delta, Guangdong-Hong Kong-Macau Greater Bay Area, and Beijing-Tianjin-Hebei regions, housing 50, 34, and 27 enterprises respectively [2][12] - The peak years for the formation of low-altitude economy-related companies were 2014, 2015, and 2021, coinciding with key policy announcements [11][12] Group 2: Company Background and Types - The selected low-altitude aircraft manufacturers include a diverse range of companies, with 18 from military-civilian integration, 16 founded by industry insiders, and others from academic backgrounds [4] - Established companies from traditional industries such as materials and aviation have expanded into the low-altitude sector, leveraging their existing expertise [4][7] Group 3: Industry Chain and Market Potential - The low-altitude economy is projected to exceed 1.5 trillion yuan by 2025 and reach 3.5 trillion yuan by 2035, with the industry chain comprising upstream materials, core equipment, midstream aircraft, and downstream services [15] - The midstream segment leads with 82 companies, while upstream and downstream segments have 45 and 23 companies respectively [15] Group 4: Commercialization and Orders - As of June 2025, several eVTOL companies have secured significant orders, with EHang delivering 216 units of its EH216 series in 2024, marking a 315.4% increase from 2023 [40] - EHang and other eVTOL companies are increasingly focusing on international markets, with EHang securing orders from Japan, Malaysia, and Indonesia [51][52] Group 5: Application Scenarios - Key application areas for the low-altitude economy include logistics, tourism, agricultural protection, and aerial performances, with logistics and agricultural sectors seeing three companies each, and tourism having four [35] - The eVTOL and drone sectors are rapidly evolving, with various companies exploring diverse applications in urban transportation and logistics [22][24]