Abstract:To examined the specific development paths of each province in the vigorous development of China's power equipment industry, the study combined cluster analysis, situational analysis (SWOT) and hierarchical analysis (AHP) methods to develop a combination of qualitative and quantitative analysis, which was used to study the development strategies and measures of Guangdong's power equipment industry under the multi-province competition. The study found that: Guangdong Province has a very good foundation for the development of the power equipment industry, and in the development of future power equipment industry, with mainly new energy equipment, will show greater development potential, with Jiangsu, Shandong, Henan and Zhejiang provinces being the main competitive provinces. Industrial base advantage is the main internal advantage, lack of innovation is the main internal disadvantage, energy structure adjustment opportunity is the main external opportunity, and high external dependence of core technology is the main threat. Guangdong Province should prefer positive opportunity-based strategy. From the implementation of the main body and path, risk control three aspects of analysis, energy storage, offshore wind power and photovoltaic are the main development basis of the advantageous areas. The Guangdong Province should be fully combined with their own advantages, seize the current development opportunities to achieve rapid development of the power equipment industry.