低空经济万亿市场规模，设计企业率先受益

Investment Rating - The report indicates a positive outlook for the low-altitude economy, projecting a market size of 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035 [2][10]. Core Insights - The low-altitude economy encompasses both traditional general aviation and drone-supported low-altitude production services, integrating information and digital management technologies with various economic and social activities [2][10]. - National policies have increasingly recognized the low-altitude economy, with significant developments in regulatory frameworks and strategic planning since 2010, culminating in its inclusion in the national economic agenda [12][10]. - A competitive landscape is emerging as 26 provinces have introduced supportive policies for the low-altitude economy, with specific targets for market size and infrastructure development [15][3]. Summary by Sections Market Size Projections - The low-altitude economy is expected to reach a market size of 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035, driven by advancements in technology and integration with various sectors [2][10]. National Policy Framework - The low-altitude economy has been incorporated into national planning documents, with key milestones including the 2010 reform of low-altitude airspace management and its mention in the 2021 National Comprehensive Transportation Network Planning Outline [12][10]. - Recent government meetings have emphasized the importance of developing the low-altitude economy as a strategic emerging industry [12][10]. Provincial Initiatives - In 2024, 26 provinces have outlined plans to develop the low-altitude economy, with specific targets such as Shenzhen's introduction of the first low-altitude economy legislation and various provinces setting ambitious market size goals [15][3]. - For instance, Anhui aims for a low-altitude economy scale of 60 billion yuan by 2025, while Guangdong targets over 300 billion yuan by 2026 [15][3]. Infrastructure Development - Infrastructure is identified as the cornerstone of the low-altitude economy, with both hard infrastructure (like general airports) and soft infrastructure (like low-altitude service platforms) being crucial for its growth [3][15]. - Design and planning firms are expected to benefit significantly from the construction of low-altitude economy infrastructure, with specific companies highlighted for their roles in this sector [3][15].