Sou Hu Cai Jing·2025-09-14 02:34Core Insights - The report outlines the rise of China's low-altitude economy from 2022 to 2025, highlighting its strategic value and the interplay between policy, technology, and market dynamics [1] - The low-altitude economy is projected to grow from 505.95 billion yuan in 2023 to 670.25 billion yuan in 2024, and is expected to exceed 850 billion yuan by 2025, with a potential to reach a trillion yuan by 2026 [1] Policy Framework - China's low-altitude economy has transitioned from industry regulation to a national strategic focus, with key policies established in 2022 and 2023, including standards for urban logistics drones and a comprehensive management system for unmanned aerial vehicles [3][4] - By 2024, low-altitude economy was recognized as a "new growth engine" in government reports, and a dedicated department was established to oversee its strategic planning [4] - The revision of the Civil Aviation Law in 2025 aims to legally support the allocation of airspace resources for low-altitude economic development [4] Regional Practices - All 31 provinces have incorporated low-altitude economy into their 2025 government work reports, with Guangdong aiming for a 300 billion yuan industry scale by 2026 [5] - Hunan has established a collaborative management mechanism for low-altitude operations, achieving a 95% monitoring coverage in airspace below 3000 meters [5] - Inner Mongolia is focusing on diverse applications of low-altitude economy, with plans to establish a research institute and develop a low-altitude economic zone [6] Institutional Innovations - The rapid development of the low-altitude economy necessitates reforms in airspace management, moving from a traditional approval model to a more flexible, categorized management approach [7] - The establishment of a dual system combining legal regulations and technological empowerment is crucial for ensuring the safe development of the low-altitude economy [7] Industry Ecosystem - The low-altitude economy encompasses a complete industrial chain, including infrastructure, aircraft manufacturing, operational services, and support systems [9] - The number of general airports in China is increasing, but still lags behind the U.S., with innovative facilities being developed in urban areas [9] - The drone manufacturing sector is led by civilian drones, with significant growth in eVTOL technology expected in the coming years [9][10] Market Dynamics - The low-altitude economy is experiencing rapid growth, with a market size of 505.95 billion yuan in 2023 and a projected increase to 859.17 billion yuan by 2025 [13] - Key growth drivers include supportive government policies, technological advancements, and rising demand for low-altitude services [13] - The market is characterized by leading companies like DJI and EHang, with significant investment flowing into the sector [14] Academic Research - Research indicates that cities with strong industrial foundations and policy support will experience faster growth in the low-altitude economy [16] - Studies highlight the need for a dynamic airspace allocation mechanism to enhance resource utilization and address the challenges of traditional management systems [17] Challenges and Recommendations - The low-altitude economy faces challenges such as insufficient market demand, uneven infrastructure development, and regulatory gaps [18][20] - Recommendations include enhancing airspace management reforms, improving infrastructure planning, and fostering technological innovation to overcome existing barriers [26][27] Future Outlook - By 2026, the low-altitude economy is expected to see accelerated technological integration and the establishment of a comprehensive industrial ecosystem, with a market size potentially exceeding one trillion yuan [25] - The development will likely follow a "three-pole leading, multi-point support" model, with distinct regional strengths in manufacturing, technology, and application [25]