低空经济崛起，哪些材料受益_5页_718kb

Low-Altitude Economy Material Beneficiaries Analysis Summary

Overview

The report focuses on the rising low-altitude economy, which is expected to grow significantly due to policy support and technological advancements. By 2030, China's low-altitude economy market could reach 2 trillion RMB with a 7-year CAGR of 22%, starting from over 5,000 billion RMB in 2023. Key drivers include government initiatives such as the 2024 "General Aviation Equipment Innovation Application Scheme."

Beneficial Materials

Materials identified to benefit include:

• Aluminum Alloys: Leveraging lightweight advantages for applications in low-altitude vehicles, with companies like Nan sha Aluminum.
• Titanium Alloys: Offering superior properties like lightness, strength, corrosion resistance, and heat tolerance, applicable in aerospace, supported by companies like Baotie Stock, Western Superconductor, and Western Materials.
• Carbon Fiber: Matching performance needs with high strength, light weight, and durability, involving firms such as Guangwei Carbon Fiber, Zhongfu Shenying, and Antai Technology.
• Non-Crystalline Alloys: Enabling efficient motors for electric vehicles, promoting longer flight ranges, with companies like Yunlu Shares and Antai Technology.

Key Highlights and Recommendations

• Underlying factors include technological maturity and policy acceleration of the low-altitude ecosystem.
• Recommended companies for investment opportunities in upstream materials include Nan sha Aluminum, Baotie Stock, Guangwei Carbon Fiber, and Yunlu Shares.
• Industries like aviation and logistics will see applications expanded.

Risk Considerations

Potential risks include delays in technology development, lower-than-expected demand from sectors like low-altitude operations, and slower-than-planned policy implementation.