The potential trillion-dollar market continues to catalyze, and the low-altitude economy will usher in another grand event next month

1. Event: Global Low-Altitude Economy Forum

The Global Low-Altitude Economy Forum with the theme "Building a Low-Altitude City Together, Sharing a Better Life" will be held in Beijing on October 27, 2024.

The forum will be attended by international organizations, foreign eVTOL companies, general aviation companies, and large and medium-sized drone companies. It will feature over 30 special lectures and dialogues, 4 investment environment promotion meetings, as well as the launch of the book "Low-Altitude Economy", the China Low-Altitude Economy Alliance Council meeting, and other activities.

The main topics include:

According to the "Research Report on the Development of China's Low-Altitude Economy (2024)" released by the Ministry of Industry and Information Technology's CCID Research Institute, it is expected that with the increasing number of low-altitude flight activities, the scale of the low-altitude economy is expected to exceed one trillion by 2026, reaching 1,064.5 billion yuan. According to data from the Civil Aviation Administration of China, by 2025, the market size of China's low-altitude economy is expected to reach 1.5 trillion yuan; by 2030, the market size of China's low-altitude economy is expected to reach 2.5 trillion yuan; and by 2035, it is expected to reach 3.5 trillion yuan.

In the industrial chain, the upstream of the low-altitude economy industry chain is in the field of raw materials and core components, with high value proportions of core materials and components such as amorphous motors, carbon fiber structural parts, solid-state batteries, etc.; the midstream includes low-altitude manufacturing, low-altitude flight, low-altitude support, and comprehensive services. Low-altitude flight is the core industry, mainly driving new demand for batteries, chips, electronic controls, and operating systems, unleashing the consumption potential of the low-altitude economy; the downstream includes various application scenarios, including flight approvals, airspace filing, etc.

2. Performance of Historical Leaders

In March and April of this year, there have been continuous catalysts related to the low-altitude economy, including GAC and XPeng completing low-altitude flights in Guangzhou CBD; Anhui adding three low-altitude routes; and the world's first domestically developed "Air Taxi" EH216-S by EHang, which has obtained airworthiness certification, being listed on Taobao, and more.

During this period, the stock price of the air traffic control leader, Leishen Information, doubled from around 30 yuan to 90 yuan.

3. Related Companies

According to the official website of the conference, the members of the conference include: CDG, Aerospace Nanhu, Aerospace Hongtu, SuperMap Software, COMAC Technology, Qianfang Technology, Digital Government, Zhongke Xingtu, Huaan Xinchuang, Weihai Guangtai, etc