In this Research Note, we examine the Buildings business of Schneider Electric, based on their 2022 Full Year Results, presentations and significant activities and strategy in the smart buildings space throughout 2022. Buildings are one of four end markets that Schneider Electric addresses with a complete portfolio of products, solutions and services. In its Q4 2022 performance by end-market commentary, Schneider Electric reported that it continues to see overall good demand in the buildings end-market with continued strength in non-residential, while in residential markets the very strong demand of recent years is now beginning to normalize. Strong sales growth was supported by supply chain easing, resulting in backlog execution. Performance in non-residential was supported by demand in the technical building and hotel segments, while renovation trends and decarbonization commitments continue to underpin this end-market. The Buildings end market of Schneider Electric is addressed by a portfolio of products, systems, software and services offered by the Energy […]