Investment Rating - The low-altitude economic logistics industry is rated as 4 stars [47] Core Insights - The low-altitude economic logistics industry relies on drones and other aircraft to optimize logistics routes and improve transportation efficiency, especially in areas with inconvenient transportation [2][43] - The market size is expected to grow rapidly, with projections indicating an increase from 33.05 billion RMB in 2024 to 192.03 billion RMB by 2029, representing a compound annual growth rate (CAGR) of 42.18% [43][44] - The growth is driven by increasing demand for express delivery and price competition, making low-altitude logistics a viable solution [45][46] Industry Definition - The low-altitude economic logistics industry involves the transportation of goods and related economic activities using manned and unmanned aerial vehicles, primarily within an altitude of 1,000 meters [3][4] - It includes various applications such as urban express delivery, agricultural product transportation, and emergency medical supply delivery [4][10] Industry Characteristics - The industry features significant advantages over traditional logistics, including high efficiency, cost savings, and flexibility in scheduling [19][21] - National policy support has been a crucial factor in the industry's rapid development, with various local governments implementing measures to promote low-altitude economic growth [20][43] Development History - The industry has evolved through three stages: the embryonic stage (before 2010), the initiation stage (2010-2020), and the rapid development stage (2021-present) [22][25] - Recent government policies have provided a strong impetus for growth, with major logistics companies beginning commercial operations [25][43] Industry Chain Analysis - The industry chain consists of upstream raw material supply and key component manufacturing, midstream complete machine design and manufacturing, and downstream operational services and application implementation [27][28] - Drones dominate the logistics sector, while eVTOL technology is still in its early stages of development [28][29] Market Size - The market size is projected to grow significantly, driven by national attention and local government initiatives [43][44] - The express delivery sector in China is a major contributor, with the country accounting for a significant share of the global market [44][45] Competitive Landscape - The competitive landscape is shaped by major express delivery companies and drone equipment manufacturers, with leading players like SF Express and Meituan dominating the market [72][74] - Technological advancements and capital investment are key drivers of competition, creating barriers to entry for new players [75]
企业竞争图谱：2024年低空经济物流 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2024-11-26 12:23