建筑与工程深度报告：低空经济发力，关注建筑板块规划/工程机遇

Industry Investment Rating - The report maintains a "Positive" investment rating for the industry [6] Core Views - Low-altitude economy is gaining momentum, driven by policy support and regulatory relaxation, presenting significant opportunities for the construction and engineering sectors [4] - The application scenarios of low-altitude economy are rapidly expanding and diversifying, including emergency rescue, transportation, logistics, urban management, and more [4] - The construction sector should focus on planning and infrastructure development within the low-altitude economy [4] Low-Altitude Economy Overview - Low-altitude airspace generally refers to the area within 1,000 meters above ground, extendable to 3,000 meters [4] - Policy reforms since 2010 have gradually relaxed regulations and simplified approval processes, fostering growth in the low-altitude economy [4] - The concept of "low-altitude economy" was first included in national planning in 2021, highlighting its strategic importance [4] Application Scenarios - Emergency rescue: Drones are used for disaster monitoring, efficient firefighting, and emergency communication [17][18] - Passenger transportation: Autonomous aerial vehicles are expected to be widely used in urban air mobility, with a potential market size of $1.5 trillion by 2040 [19][20] - Logistics: Drones can significantly reduce delivery costs and improve efficiency, especially in remote areas [21][22] - Agricultural production: Drones are increasingly used for pest control, crop spraying, and monitoring [23][24] - Surveying and planning: Drones are utilized for land surveying, urban planning, and construction engineering [25][26] - Intelligent inspection: Drones are employed for power grid, oil, and chemical industry inspections [27][28] Industry Chain - Manufacturing: The drone and aerial vehicle manufacturing chain includes components like airframe structures, batteries, motors, and flight control systems [4][31] - Service: The service chain focuses on low-altitude airspace planning, infrastructure construction, and data services [5][46] Infrastructure Development - Ground infrastructure for low-altitude economy includes vertical takeoff and landing airports, hangars, emergency service stations, and logistics hubs [46][47] - Vertical takeoff and landing airports are crucial for urban air mobility, with designs and standards being developed by international organizations [46][47] Policy and Market Potential - Recent policies have accelerated the development of the low-altitude economy, with significant growth expected in the market [16] - The low-altitude economy is expected to drive demand for new infrastructure and related industries, such as aviation materials, electronics, and satellite positioning [16] Key Companies in the Construction Sector - Shenzhen Urban Transport Planning Center: Involved in low-altitude intelligent infrastructure projects [58] - Huashe Group: Provides consulting services for low-altitude airspace planning and standards [58] - Design Institute: Offers comprehensive services for airport planning and construction [58]