On May 22nd, at the Low altitude Economic Forum of the 2025 Global Spatio Temporal Intelligence Conference (WGDC25), Yan Jun, founder and chairman of Seagull Flying Automotive Group, delivered a keynote speech on "Breakthrough in eVTOL Mass Production and Airworthiness Certification System".
Yan Jun pointed out that the development of low altitude economy is the process of transforming low altitude airspace from "natural resources" to "economic resources". The three core tasks of low altitude economic development include grasping the consumer market, carrying out infrastructure construction, and building high reliability and low-cost aircraft.
The above three major tasks will support a market space of trillions of yuan for low altitude economy. The focus is not only on the development of aircraft technology itself, but also on how to promote the integration and development of related fields through the application of these technologies, forming a new comprehensive economic form and becoming a new growth engine for the Chinese economy.
He said that in the short term, the low altitude economic consumption market will be applied in freight, plant protection, and special industries, but in the long run, it will definitely be manned flights. There are 175 cities in China with a population of over one million. According to conservative estimates, 0.2% of the population owns aircraft, and each city needs 2000; according to optimistic estimates, 1% of the population owns aircraft, and each city needs 10000. The quantity is very objective
According to his estimation, the C-end market for personal travel, combined with B-end markets such as commuting transportation, long-distance cargo transportation, and short distance cargo express delivery, can generate a total demand of 446750 to 1890750 aircraft for domestic commercial operations and personal travel. Foreign markets will also be a huge market. There is a market demand for nearly 2 million aircraft, and no company can complete it. In the future, there will be hundreds of companies that make aircraft
