This article forms part of the Decorative and Applied Arts Encyclopedia, a master reference hub providing a structured overview of design history, materials, movements, and practitioners.
Signify N.V., formerly Philips Lighting, is a Dutch multinational corporation recognized as a global leader in lighting solutions for professionals, consumers, and the Internet of Things (IoT). The company offers energy-efficient lighting products, systems, and services that enhance the quality of light, contributing to safer and more comfortable environments, increased productivity in businesses, and improved livability in cities. (Signify)
Historical Perspective
The origins of Signify trace back to 1891 when Philips began manufacturing incandescent lamps in Eindhoven, Netherlands. In 2016, Philips’ lighting division was spun off to form Philips Lighting N.V., which was later rebranded as Signify in 2018. Despite the name change, the company continues to produce lighting products under the Philips brand. (Wikipedia)
Innovations and Acquisitions
Signify has expanded its portfolio through strategic acquisitions, including WiZ Connected in 2019, Cooper Lighting Solutions in 2020, and Fluence in 2022. These acquisitions have bolstered its position in connected lighting and horticultural lighting solutions. (Wikipedia)
Financial Performance
In 2023, Signify reported sales of €6.7 billion. It has approximately 32,000 employees and a presence in over 70 countries.
Signify The company has faced challenges such as economic downturns in Europe and increased competition in China, leading to cost-cutting measures, including layoffs. (Reuters)
Design Philosophy
Signify’s design philosophy emphasizes the transformative power of light, focusing on energy efficiency, sustainability, and enhancing human experiences. Their products often feature minimalist aesthetics, integrating seamlessly into various environments while providing customizable lighting solutions that cater to diverse needs.
Embed from Getty ImagesFuture Outlook
Signify continues to innovate in intelligent lighting systems, exemplified by the launch of integrated kitchen lighting solutions in partnership with Nobilia. (The Verge) The company is also exploring production diversification to mitigate risks associated with geopolitical factors, such as potential new U.S. tariffs. (Reuters)
Signify’s commitment to responsible and sustainable design reflects a broader trend in the decorative and applied arts, where functionality, aesthetics, and environmental considerations converge to shape the future of lighting solutions.
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