20240418_华创证券_低空经济行业深度研究报告：低空经济空地战略新兴产业启航元年_23页.pdf
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eVTOL.15 27.16 28.17 29.18 30.18 xxnngFplZtY3MU7CcggMYMiCYydMK33bsDsO0TSEcfZ8mTAkTFOWzhj06ToaGea1 2009 1210 5 1000 3000+1 eVTOL 2 3 2009 1210 6 20 21 4 Prime Air 2024 20 2009 1210 7 5 6 eVTOL-5000 126.7 7 2023 8 2023 statista RuAviation 2023 2022 F AA UK CAA RuAviation nikkei 2023 2022 4515193144 16123003240990100020003000400050006000 050100150 2009 1210 8 9 1 FAA Urban Air Mobility(UAM)Concept of Operations 2 UTM UAS 3 SESAR U-space 4 V1.0 1 UTM 2 UTM LAANC 3 USPACE 4 UTM 2018 5 UTMISS 1 RTT UTM NASA TCL 2 U-space VLD U1 U3 3 NOVA OneSky 4 1 2 3 ISO ASTM RTCA EUROCAE IEEE 4 Xiangmin Guan The Exploration and Practice of Low-altitude Airspace Flight Service and Traffic Management in China eVTOL eVTOL eVTOL eVTOL UAM 10 eVTOL NASA eVTOL 30%eVTOL 6%eVTOL 82dB Volocopter 2X 65dB NASA eVTOL Aircraft Technology for Public Services A White Paper eVTOL Joby eVTOL eVTOL 2009 1210 9 EH216 3 18 239 eVTOL eVTOL 11 eVTOL JOBY eVTOL UAM eVTOL 1 2 3 4 5 UAM Morgan Stanley2021 UAM 2030 2040 1 2050 eVTOL UAM 9 2040-2050 24.57%12 UAM Morgan Stanley eVTOL/Urban Air Mobility TAM Update:A Slow Take-Off,But Skys the Limit 2009 1210 10 1 2010 2021 2 24 2023 12 11 12 2024 3 5 2024 3 27 2024-2030 eVTOL 13 2010-08-19 2012-07-12 2012-12-01 2016-05-17 3000 2016-07-28 2016-12-21 2019-02-18 2021-10-21 2019-05-14()2019-11-05 UTMISS()2020-03-20()2020-09-28()()2023-05-23 17 2024 6 1 2023-05-31 2024 1 1 2024-03-27 2024-2030 eVTOL eVTOL 2009 1210 11 2 1 2 eVTOL 3 24 14/2019-09-09 2021-04-21 2022-05-11 2022-10-11 2023-06-28 eVTOL 2021-08-09 2023-12-27 2023-12-28 20 eVTOL 2024-03-14 2024-03-07 13 2023-12-29 2023 2025 2024 2025 2009 1210 12 2024-02-06 2024 2026 2026 500 600 1 2 200 3 5 100 1 UAM 20 15 16 20 Transportation Statistics Annual Report 2023 statista Transportation Statistics Annual Report 2023 2023 80 0.24%FAA 2019 2521 17 Transportation Statistics Annual Report 2023 050001000015000200002500019281 19,802 19,627 19,636 19,919 20,061 19,9692000 2010 2018 2019 2020 2021 2022 190,000195,000200,000205,000210,000215,000220,000225,000230,000235,000225359 230555 219224 218609 210024 215009 2159922000 2010 2018 2019 2020 2021 2022 0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%01000002000003000004000005000006000007000008000009000002018 2019 2020 2021 2022 2023 yoy 2009 1210 13 GDP 0.5%18 2000-2022 Bloomberg UAM 2023 5 FAA UAM UAM FAA 19 UAM Urban Air Mobility Concept of Operations Version 2.0 2 0.000%0.100%0.200%0.300%0.400%0.500%0.600%0.700%0.800%02004006008001000120014001600 GDP 2009 1210 14 2023 451 3173 136 20 21 2023 126.7 2311 22 23 2022 39 2021 400 2022 414.86 0.00%100.00%200.00%300.00%400.00%500.00%600.00%0501001502002503003504004505002017 2018 2019 2020 2021 2022 2023/yoy-1.00%0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%24002500260027002800290030003100320033002019 2020 2021 2022 2023 yoy0.00%10.00%20.00%30.00%40.00%50.00%60.00%70.00%0204060801001201402018 2019 2020 2021 2022 2023 yoy0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00%050010001500200025002018 2019 2020 2021 2022 2023 yoy 2009 1210 15 24 400 25 2022-2023 2022 eVTOL 2024 3 10 eVTOL eVTOL 6 A 2024 3 A 2023 12 A+2 26 eVTOL T-Cab eVTOL 2021-08 2021-09 2023-02 1 Pre-A KIP Auto-Flight eVTOL 2021-09 1 A AeroFugia eVTOL 2023-06 A 2023-12 2 A+Volant eVTOL 2022 Pre-A 2024-03 A eVTOL 2022 A 2022-12 1.5 A+eVTOL 2022-06 5 A+IDG eVTOL 2021-05 2023-05 Pre-A 2022-04 1 B+2023-05 C+2022-12 38 36 0.00%5.00%10.00%15.00%20.00%25.00%0.0050.00100.00150.00200.00250.00300.00350.00400.00450.002018 2019 2020 2021 2022 yoy0501001502002503003504002018 2019 2020 2021 2022 2009 1210 16 2024 2023 5000 2035 3.5 17.60%27 05000100001500020000250003000035000400002023 2025E 2030E 2035E 2009 1210 17 1 2 eVTOL 1 eVTOL 2 1 2 28 2009 1210 18 300 eVTOL eVTOL 70%29 30 3D RoboticParrotAutelBladeHubsanSenseFly 2009 1210 19 eVTOL 2009 1210 20 2009 1210 21 2020 2022 2023 2022 2023 2023 2009 1210 22 010-63214682 010-63214682 010-63214682 010-63214682 010-63214682 010-66500808 010-66500821 010-63214682 0755-82828570 0755-83715428 0755-82756804 0755-82871425 0755-82871425 021-20572536 021-20572555 021-20572257-2552 021-20572506 021-20572585 021-20572509 021-20572548 021-20572573 0755-82756805 021-20572559 021-20572559 0755-82756805 021-20572559 玙 021-25072549 2009 1210 23 A 300 500/6 20%6 10%20%6-10%10%6 10%20%3-6 5%3-6-5%5%3-6 5%26 C 3A 1061 A 19 33 12 100033 518034 200120 010-66500801 0755-82027731 021-20572500 010-66500900 0755-82828562 021-20572522
