In recent years, with the rapid growth of China's national economy and the rapid development of the power industry, the low-voltage electrical appliance industry has maintained a prosperous situation of supply and marketing for many years. The products have not only achieved a significant increase in sales, but also have market value in product types and sales prices. By 2010, China's low-voltage electrical appliance industry has developed into a giant industry with more than 1000 product series, more than 170 Enterprises above Designated Size, and created a total industrial output value of more than 50 billion yuan.

At present, the increasing power demand in China has accelerated the transformation of power grid in China. During the 12th Five Year Plan period, China will optimize the power structure and strengthen the construction of smart grid, and the market demand for power equipment will increase rapidly. Relevant data show that the State Grid will invest a total of 1.5 trillion yuan in smart grid construction itself and intelligence, that is, about 300 billion yuan a year, which undoubtedly ensures the steady growth of low-voltage appliances during the 12th Five Year Plan period. By 2015, the reliability rate of rural power supply will reach 99.7%, the qualified rate of comprehensive voltage will reach 98.5%, and the average comprehensive line loss rate will reach 6.2%. The transformation of rural power network also drives the huge demand for low-voltage appliances at the distribution side.

After more than 50 years of development, China's low-voltage electrical appliance industry has formed a complete industrial system. Its products are widely used and have great market potential. At present, there are more than 2000 manufacturing enterprises above the scale of domestic low-voltage electrical appliances, mainly concentrated in coastal provinces and cities such as Guangdong, Zhejiang and Shanghai.

With the improvement of domestic power construction level and the continuous development of low-voltage electrical production technology, a new generation of low-voltage electrical appliances with the main characteristics of intelligence and communication will become high-grade products. At present, domestic medium and low-grade low-voltage electrical appliances basically occupy the vast majority of the domestic market, but except that some domestic high-grade low-voltage electrical appliances can share equally with foreign similar products, the domestic market share of most products is still very low, and the demand for high-grade low-voltage electrical appliances in the domestic market still depends on imports.

A survey report shows that at present, the scale of domestic low-voltage electrical appliance production enterprises is too small and the number is too large. More than 90% of enterprises are in the repeated production of medium and low-grade products, and three generations of products coexist. According to the trend of national policy, the structure of low-voltage electrical products needs to be further adjusted in the future. Products with backward technology, large volume, high energy consumption and environmental pollution will be eliminated. In addition to the characteristics of high performance, electronization, intelligence, modularization, combination and miniaturization, low-voltage electrical appliances in the future will also have the characteristics of communication, high reliability, good maintenance performance and meeting the requirements of environmental protection