Hong Kong is on the cusp of a transformative shift as it embraces the low-altitude economy, a rapidly growing sector poised to revolutionise industries, reshape urban landscapes and redefine modern living. Advances in artificial intelligence, intelligent networks and human-computer interaction are driving the integration of autonomous aerial vehicles and drones into everyday life.
Globally, the low-altitude economy is emerging as a high-growth industry. In China, the sector is expected to reach a market size of 1.5 trillion yuan (US$206.6 billion) this year and 3.5 trillion yuan by 2035, driven by policy support, technological innovation and increasing investment.
Drones, low-altitude intelligent networks and electric vertical take-off and landing (eVTOL) vehicles are poised to transform logistics, public services and connectivity, ushering in a new frontier in the economic landscape.
The Greater Bay Area is leading this transformation. For example, Shenzhen has already built 483 vertiports – a type of heliport serving aircraft making vertical landings – and plans to add another 1,200 by 2026. Important mainland cities are updating their regulatory frameworks to accommodate drones and eVTOLs, bolstering the region as a global centre for innovation and growth.
Consequently, Hong Kong has an opportunity to leverage its strengths as a financial, trade and aviation hub, with world-class institutions, connectivity to neighbouring cities and unique status under the “one country, two systems” framework.
Its strengths in research and development (R&D) can complement Shenzhen’s rapid infrastructure expansion. Cross-border initiatives such as drone deliveries and joint infrastructure projects can position the Greater Bay Area as an integrated low-altitude economic cluster.
Visited 1 times, 1 visit(s) today
