Definition: Low altitude economy is a comprehensive economic form that is driven by various low altitude flight activities of manned and unmanned aerial vehicles, radiating and driving the integrated development of related fields.
Development prospects: With the continuous advancement of technology and the gradual relaxation of policies, the low altitude economy industry is ushering in unprecedented development opportunities. Morgan Stanley predicts that the global market size of eVTOL (electric vertical takeoff and landing aircraft) industry will reach $300 billion by 2030, and is expected to exceed $1 trillion by 2040.
Application areas: Low altitude economy has broad application prospects in various fields such as urban transportation, logistics transportation, emergency rescue, tourism and sightseeing.
