
Riyadh – Sharikat Mubasher: Schneider Electric plans to expand its logistics centers in key Saudi cities, citing the Kingdom as one of its most strategic markets, according to Mohamed Shaheen, Cluster President of Schneider Electric Saudi Arabia and Yemen.
The announcement follows the company’s €1.4 billion acquisition of Indian electrical solutions firm L&T Electrical & Automation (LKE), aimed at strengthening its regional and technical presence in Saudi Arabia.
Shaheen told Al Eqtisadiah that Schneider now serves the Saudi market through over 250 partners, including distributors and panel manufacturers, and has significantly grown its market share in recent years. He added that Saudi Arabia’s vast geography demands localized partnerships to ensure nationwide coverage.
The company expects continued growth in the Kingdom, with Mohamed Nagy, Vice President of Distribution at Schneider Electric Saudi Arabia, confirming that Schneider has surpassed 40% Saudization and employs more than 850 Saudis across three factories and five operational offices. The firm is also investing in new production lines focused on lowering costs and boosting quality to better meet local needs.
As part of its smart home expansion, Schneider recently launched fully automated residential models in partnership with Saudi developers such as ROSHN, featuring lighting and curtain control, EV chargers, and advanced safety systems.
Nagy emphasized the growing local awareness of energy efficiency, with housing accounting for 34% of Saudi electricity-related emissions. He highlighted the rising demand driven by youth demographics, foreign ownership reforms, and plans to build 250,000 housing units by 2030.