- Business
- Schneider Electric SE specializes in energy management and automation solutions. The company develops and supplies connected products including low- and medium-voltage switchgear, circuit breakers such as MasterPact MTZ and Compact NSX, motor starters, contactors, variable speed drives, sensors, actuators, smart panels, uninterruptible power supplies, and battery energy storage systems; edge control systems encompassing EcoStruxure Building Operation, Power Monitoring Expert, Control Expert, programmable logic controllers like the Modicon series, and SCADA systems; software and digital services featuring the AVEVA suite for industrial operations, ETAP for power system modeling, RIB Software for construction, digital twins, AI-enabled analytics, and SaaS-based building management; as well as field services for installation, maintenance, energy consulting, digital retrofits, smart grids, microgrids, and industrial cooling via Motivair solutions. Schneider Electric operates across buildings, data centers, industry, infrastructure, and residential segments worldwide in over 100 countries, targeting utilities, commercial, industrial, and residential customers. Founded in 1836 and headquartered in Rueil-Malmaison, France, the company maintains subsidiaries including full ownership of Square D, APC, AVEVA, and others.
Recent developments include the October 2024 acquisition of Motivair for liquid cooling technologies; a December 2024 partnership with Nvidia for data center cooling systems; increased ownership to 80% in Planon for smart building software in July 2024; the €5.5 billion acquisition of the remaining 35% stake in Schneider Electric India Private Limited from Temasek announced in November 2024 to achieve full control; a March 2025 announcement of over US$700 million investment in U.S. operations through 2027; and a ₹3,200 crore expansion in India with new plants in Kolkata and Hyderabad.