Hong Kong is on the cusp of a transformative shift because it embraces the low-altitude economy, a quickly rising sector poised to revolutionise industries, reshape city landscapes and redefine fashionable dwelling. Advances in synthetic intelligence, clever networks and human-computer interplay are driving the mixing of autonomous aerial autos and drones into on a regular basis life.
Globally, the low-altitude economic system is rising as a high-growth industry. In China, the sector is predicted to achieve a market measurement of 1.5 trillion yuan (US$206.6 billion) this 12 months and three.5 trillion yuan by 2035, pushed by coverage help, technological innovation and rising funding.
Drones, low-altitude clever networks and electric vertical take-off and landing (eVTOL) autos are poised to remodel logistics, public providers and connectivity, ushering in a brand new frontier within the financial panorama.
The Greater Bay Area is main this transformation. For instance, Shenzhen has already constructed 483 vertiports – a kind of heliport serving plane making vertical landings – and plans so as to add one other 1,200 by 2026. Essential mainland cities are updating their regulatory frameworks to accommodate drones and eVTOLs, bolstering the area as a world centre for innovation and development.
Consequently, Hong Kong has a chance to leverage its strengths as a monetary, commerce and aviation hub, with world-class establishments, connectivity to neighbouring cities and distinctive standing underneath the “one nation, two techniques” framework.
Its strengths in analysis and improvement (R&D) can complement Shenzhen’s speedy infrastructure enlargement. Cross-border initiatives reminiscent of drone deliveries and joint infrastructure initiatives can place the Larger Bay Space as an built-in low-altitude financial cluster.
