The 2024 ****'an) International Low Altitude Economic Development Conference will be held from November 22nd to 24th at the Xi'an International Convention and Exhibition Center. Open Source Securities' Yin Shenglu stated that the low altitude economy has vertically landed from the macro (national industrial planning) to the meso (local subsidies) and then to the micro (infrastructure host bidding, application scenarios creation). It is recommended to pay attention to the subsequent sector market of the low altitude economy.
The 2024 ****'an) International Low Altitude Economic Development Conference will be held from November 22nd to 24th at the Xi'an International Convention and Exhibition Center. The exhibition will focus on showcasing new products and cutting-edge technologies in the low-altitude intelligent manufacturing field such as drones, flying cars, general aviation, and others.
Open Source Securities' Yin Shenglu mentioned that following the plan on October 20th by Shandong Hi-Speed to tender for 2000 large eVTOL or hybrid hydrogen-powered multi-rotor aircraft and 0.02 million small eVTOL or hybrid hydrogen-powered multi-rotor aircraft, Guangdong Maoming, Jiangxi Nam Cheong, and other low-altitude infrastructure projects have gradually begun to apply for record, with a total amount close to 5 billion yuan. The low altitude economy has vertically landed from the macro (national industrial planning) to the meso (local subsidies) and then to the micro (infrastructure host bidding, application scenarios creation). It is recommended to pay attention to the subsequent sector market of the low altitude economy. In terms of market space, according to data released by the Civil Aviation Administration of China, by 2025, China's low-altitude economy is expected to reach a market size of 1.5 trillion yuan, and it is expected to reach 3.5 trillion yuan by 2035.
According to the Financial Data Center, among related listed companies:
Guangzhou Hi-Target Navigation Tech stated that for the low-altitude field, the company can use drones equipped with oblique photography cameras, airborne lidar, and other surveying instruments to quickly obtain real-life images. They can also provide integrated hardware and software solutions for aerial surveying, applicable to low-altitude scenarios such as rivers, lakes, terrain, and transportation.
Mingke Precision Technology mentioned that the company had early engagement in analyzing and discussing relevant solutions with Xiaopeng Huitian, and undertook the production and delivery of some molds and components for their flying car products.