Core Insights - The ninth World Drone Conference in Shenzhen highlighted the growing trend of large-scale and manned drones, with the first global certification for an unmanned helicopter model, the TD550, being a focal point [1] - The "low-altitude economy" was included in the 2024 government work report, indicating its potential as a new economic growth engine [1] Industry Overview - Shenzhen, known as the "Drone Capital," has over 2,000 companies in the entire drone industry chain, generating more than 100 billion yuan in output, capturing 70% of the global consumer drone market and 40% of the industrial drone market [2] - The current UASE drone exhibition saw an increase of 31,000 square meters in exhibition space (an 88.6% increase) and 366 more participating companies (a 76.3% increase) compared to the previous year [2] Product Highlights - The exhibition showcased various innovative products, including the world's first manned "flying saucer" drone designed for tourism and advertising, featuring a 360-degree view cockpit [3] - A new unmanned helicopter with a maximum takeoff weight of 1.4 tons and a payload capacity of 650 kg was unveiled, capable of transporting one patient and two medical staff [6] eVTOL Market Insights - The eVTOL market is projected to exceed 10 billion yuan in 2023, doubling to 20 billion yuan in 2024, and is expected to surpass 100 billion yuan by 2026 [7] - The competition in the unmanned passenger eVTOL sector is intensifying, with over 300 global eVTOL companies already established [7] - The debut of the tilt-wing eVTOL capable of carrying five passengers was showcased by a newly established company, indicating a strong interest in this segment [11] Safety and Technology - The aviation sector emphasizes the importance of system stability and maturity over merely pursuing cutting-edge technology, especially in manned scenarios where safety standards are critical [11]