SemiconductorJul 16, 2026

Signify Holding(Koninklijke Philips N.V )

Company Profile Analysis

Book Demo Subscribe Now

Signify Holding(Koninklijke Philips N.V ) - Semiconductor showcase

Year Founded & Workforce

1937-12-31

29,000 Employees

Industry

Semiconductor

Services

Signify Holding(Koninklijke Philips N.V ) Overview

Company Headquarters: Netherlands

Founded: 1938

Workforce: ~29,000

Company Working: Koninklijke Philips N.V is one of the leading health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, diagnosis, and treatment, to home care. Signify Holding is a subsidiary of Philips which provides lighting control systems. It is the leading company in lighting for professional, consumer, and Internet of Things applications. It provides high-quality, energy-efficient lighting products, systems, and services to the customers. The company's product portfolio includes luminaires, lamps, light-emitting diode (LED) lamps, and LED tubes, and decorative lighting. Signify has partnered with more than 100 universities. The company has made intelligent lighting in which IoT platform enables connected lighting systems and embedded sensor networks. Signify has presence mainly in Europe, the Americas, as well as other international markets.

Strategy

Signify Holding strategizing its focus on developing new products that could meet the growing need of LED lightings. Over the next few years, the company aspires to leverage new opportunities to further increase the value it offers by increasing its growth in existing core business, improving revenue in adjacencies, and driving customer and operational excellence.

Company Snapshot

$7,986M

Revenue

29,000

Employees

1937-12-31

Founded

Netherlands

Headquarters

SWOT Analysis

Strengths

Strong brand image
Strong portfolio of intellectual property
Strong research and development
Strong product portfolio
World leaders in terms of brand name and recognition
Sustainable products form a large portion of its revenue

Weaknesses

High operating costs
Declining revenue
Need more investment in new technologies

Opportunities

Global urbanization
Increasing demand for cognitive analytics and solutions
Need more investment in new technologies

Threats

Intense competition
Global economic graph
Increasing number of innovations and intense competition

Key Developments

Date	Approach	Development
June 2019	Product Launch	Signify introduced Philips GreenPower LED toplighting compact which provides a 1-to-1 replacement for HPS lighting that fits seamlessly in existing HPS set-ups and trellis constructions.
June 2019	Product Launch	Signify introduced a new Philips GreenPower LED production module 3.0. This will help growers to optimize multilayer crop cultivation of lettuce and other leafy greens, herbs, soft fruits, and young plants.
April 2018	Contract	Philips Lighting installed its first LED grow light project for cucumber cultivation in Russia with Agrokultura Group, LLC and its new business partner Svetogor
April 2018	Product Launch	Philips Lighting launched new Philips GreenPower LED toplighting with an optimized light spectrum for cut rose cultivation at an event of the Philips Rose Expertise Group
February 2018	Partnership	Philips lighting partnered with ST Solution, a specialist in turnkey greenhouse solutions. In this partnership ST Solution provides a smart horticultural system and greenhouse construction for greenhouse projects.
February 2018	Product Launch	Philips Lighting launched a new GreenPower LED Interlighting Generation 3 (Gen 3). It is installed within the canopy. It offers a system efficacy of 2.7 to 3.0 μmol/J.
January 2017	Product Launch	Philips Lighting introduced a new GreenPower LED interlighting system which is designed to minimize maintenance.
November 2022	Product Expansion	Signify (Philips Lighting) has announced the addition of two new portable smart lamps to its smart Wi-Fi lighting portfolio in India: the Philips Smart LED Squire and Philips Smart LED Hero.
January 2022	Acquisition	Signify has finalized its acquisition of Telensa, a pioneer in the smart street-lighting business with a significant customer base among local governments and utility companies, particularly in the United Kingdom.
May 2020	Product Launch	NatureConnect, a lighting innovation inspired by nature, is introduced by Signify to make people feel happier and healthier. The system is based on well-established biophilic design principles, which employ natural components in interior spaces to produce healthful, engaging, and inspirational settings. The first NatureConnect deployment is now underway at one of Skanska's offices in Warsaw, Poland, a leading multinational project development and construction firm.

Product Offering

Signify Holding(Koninklijke Philips N.V )
- Horticulture Lighting Products
- Artificial Sky-Sun light solutions

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles Signify Holding(Koninklijke Philips N.V ) as part of our ongoing coverage of the Semiconductor sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Signify Holding(Koninklijke Philips N.V )

Company Headquarters: Netherlands Founded: 1938 Workforce: ~29,000 Company Working: Koninklijke Philips N.V is one of the leading health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, diagnosis, and treatment, to home care. Signify Holding is a subsidiary of Philips which provides lighting control systems. It is the leading company in lighting for professional, consumer, and Internet of Things applications. It provides high-quality, energy-efficient lighting products, systems, and services to the customers. The company's product portfolio includes luminaires, lamps, light-emitting diode (LED) lamps, and LED tubes, and decorative lighting. Signify has partnered with more than 100 universities. The company has made intelligent lighting in which IoT platform enables connected lighting systems and embedded sensor networks. Signify has presence mainly in Europe, the Americas, as well as other international markets.

Starting from

$4,950