Beijing – Saba:
China continues to strengthen its leadership in the low-altitude aviation market, driven by advancements in electric vertical takeoff and landing (eVTOL) aircraft and drone technologies. These innovations are characterized by low emissions, minimal noise, and no need for runways, making them ideal for urban mobility and cargo delivery.
Market Growth Projections
- Morgan Stanley forecasts the global eVTOL fleet will reach 12,000 aircraft by 2030, with a market value of $55 billion.
- China is expected to account for 25-30% of this market, solidifying its dominance.
Drone Sector Achievements
- DJI, a leading Chinese drone manufacturer, has 400,000 agricultural drones operational worldwide as of late 2024.
- Kita Drone secured a license for aerial delivery services in Dubai, boosting China’s role in global smart logistics.
Recent Major Deals
1. UAE’s Autocraft signed a $1 billion agreement to purchase 350 eVTOLs from China’s T-Cap.
2. Thailand’s Pan Pacific inked a $1.75 billion deal for 500 eVTOLs, further expanding China’s export footprint.