China's low-altitude economy industry is predicted to reach 1 trillion yuan by 2026, driven by infrastructure investments, policy support, and commercial applications.
China's low-altitude economy, a strategic emerging industry, is set to grow rapidly due to infrastructure investments, policy support, and commercial applications in sectors like passenger transport, tourism, and logistics. The low-altitude economy's market size reached 505.95bn yuan ($69.9bn) in 2023, up 33.8% year-on-year, and is projected to surpass 1 trillion yuan by 2026. This sector includes activities under 3,000 meters involving both manned and unmanned aerial vehicles.
April 17, 2024
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