The Evolution and Challenges of Low-Altitude Economy

As one of the typical representative fields of new quality productivity, low-altitude economy has attracted much attention. In the government work report of the two sessions in March 2024, it was pointed out that it actively cultivated emerging industries and future industries.

As a new growth engine, low-altitude economy has become a new industrial track for the development of local forces.

At present, some places with industrial advantages have immediately accelerated the pace, and the prospect of strong growth in the low-altitude economy has gradually become clear. According to incomplete statistics, nearly 20 provincial government work reports in 2024 have mentioned the development of low-altitude economy and general aviation.

Between the blue sky and the ground, another trillion-scale industry is rising.

What is Low-altitude Economy

Low-altitude economy is a comprehensive economic form that is towed by various low-altitude flight activities of manned and unmanned aircraft and radiates the integration and development of related fields. Low-altitude economy is widely reflected in the primary, secondary and tertiary industries, and plays an increasingly important role in promoting economic development, strengthening social security, and serving national defense.

At present, the main products in the low-altitude field are eVTOL(electric vertical take-off and landing aircraft), drones (consumer grade, industrial grade), helicopters, traditional fixed-wing aircraft and so on.

In terms of application scenarios, low-altitude economy can be divided into urban scenarios (urban air traffic) and non-urban scenarios (operational flights for industry, agriculture, forestry, fisheries and construction in remote areas, as well as flight activities for medical rescue, rescue and disaster relief, meteorological detection, ocean monitoring, scientific experiments, education and training, culture and sports).

Low Economic Scale in the Past two Years

In 2023, China's low-altitude economy will exceed 500 billion yuan.

In 2024, the size of the low-altitude economy will increase significantly.

As a representative of new quality productivity, low-altitude economy has been likened to 'a game that cannot be lost'.

Recently released the 'Outlook for the Development of China's UAV Industry in 2024', according to incomplete statistics, in 2023, the country's UAV related enterprises have exceeded 16,000; In 2024, 

China's civil UAV market will continue to grow.

The square technology of the European Netherlands OKCELL, to help the development of low-altitude economy

Founded in 2005, Zhengfang Technology Company, after nearly two decades of development, has become a well-known domestic company that can independently develop and produce all kinds of lithium polymer batteries and lithium batteries, and can provide one-stop UAV power supply system solutions for all kinds of drones.

Today, the low-altitude economy is booming, positive technology rapidly developed a series of unmanned aerial vehicle intelligent battery new products, such as 5C series batteries are being field tested across the country, in the rapid landing of unmanned aerial vehicle battery related products, as soon as possible to participate in the application scenario, for low-altitude economic development to provide better 'power support', is the next development direction of the company.

Over the years, OKCELL has insisted on independent research and development and innovation, established a strong team of UAV intelligent lithium battery professional technology research and development personnel, created its own research and development center, and successfully applied for 65+ technology patents. The company recently launched the super 5C series of intelligent lithium batteries, with high charge-discharge cycles, long life, fast charging speed and so on.

To promote the development of China's low-altitude economy, Fangfang Technology will continue to work hard to practice.