Core Insights - The "China Low Altitude Economy Development Report" indicates that the national low altitude economy market size reached 670.25 billion yuan in 2024, with expectations to surpass 1 trillion yuan this year [1] - The report highlights a significant growth in the civil aviation product output value, which is projected to exceed 160 billion yuan in 2024, marking a year-on-year increase of 23.6% [1] - The number of registered drones in China has surpassed 2.726 million, with a cumulative flight time exceeding 24 million hours as of mid-2023 [1] Industry Developments - The 2025 China (Jiangxi) Aviation Industry Conference showcased over a hundred companies presenting new products in the low altitude industry [2] - Jiangxi Helicopter Co., Ltd. introduced the JH-2A "Little Sparrow," the first domestically produced light sport helicopter to receive a type certificate, and the JH-1 "Little Qinglong," the first large unmanned helicopter to obtain dual airworthiness certificates [2] - EHang Intelligent Equipment Co., Ltd. presented the EH216-S, the world's first eVTOL aircraft to receive three airworthiness certificates, aimed at urban low-altitude transportation applications [2] Application Innovations - Various innovative applications of low altitude technology are emerging, such as drone logistics routes in Shenzhen and medical emergency blood delivery in Hangzhou [3] - By mid-2023, Meituan's drones completed over 600,000 real orders globally, showcasing the growing demand for drone services [3] - The Civil Aviation Administration of China predicts that the low altitude economy market could reach 3.5 trillion yuan by 2035, indicating substantial future growth potential [3]

Core Insights - Guangdong leads the low-altitude economy in China, holding over 30% of the national low-altitude economic industry chain, with a 95% market share in consumer drones and 54% in industrial drones [1] - The low-altitude economy in Guangdong has surpassed a scale of 100 billion yuan, supported by a complete ecosystem covering R&D, manufacturing, and operations [1] - The province is focusing on technological breakthroughs and institutional innovations to enhance the low-altitude economy [3] Industry Overview - Guangdong has over 15,000 companies related to the low-altitude economy, covering all aspects from material R&D to operational services [1] - The province is developing a "1+N" policy system for low-altitude economic development, with cities like Guangzhou and Shenzhen issuing development plans [3][4] - The establishment of low-altitude logistics routes, including the first cross-sea low-altitude logistics route in the Guangdong-Hong Kong-Macao Greater Bay Area, is underway [3] Technological Advancements - Innovations in low-altitude aircraft, such as the M1 electric vertical takeoff and landing aircraft and the EH216-S drone, are being developed [1][2] - The Guangdong Aerospace Technology Research Institute is focusing on cutting-edge aerospace technology and aims to be a leading incubator for the industry [3] Future Projections - The Guangdong government aims to achieve a market scale exceeding 300 billion yuan by 2026, positioning itself as a national leader in the low-altitude economy [4]