Signify Holding

Company Snapshot

Founded: 1891
Entity Type: Public
Employees: 29,459
Region: U.S.
Revenue: $6,648.0 Millions
Revenue Year: 2024
Headquarter: Eindhoven, The Netherlands
Key Geographics: Netherlands, U.S., China, Germany, Other Countries
Corporate Address: High Tech Campus 48 5656 AE Eindhoven The Netherlands www.signify.com

Company Overview

Signify Holding sells its lighting products under the Philips brand. The company offers energy-efficient technology and support for building retrofits, renovations and energy applications. It provides energy-efficient LED and connected lighting solutions, which is a quick-win approach for renovating a sustainable building. The company provides its product offerings for energy retrofits in buildings through its Philips Dynalite brand. The Philips Dynalite brand has delivered a wide range of connected lighting control solutions for smart buildings across the globe. It monitors environmental conditions, analyzes occupancy trends and reports individual rooms’ occupancy status to property management systems. These outcomes are achieved with the help of motion sensors, environmental sensors, user interfaces and dry-contact input devices.

Signify Holding sells its products through a range of brands such as Philips, Interact, Philips Dynalite, Philips Hue, Color Kinetics, EcoLink, Telensa and other technology & specialty brands. The company has a strong employee strength of around 29,500 employees across operations in more than 74 countries and sales cover a global market.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Signify Holding In Reports

Energy Retrofits for Commercial and Public Buildings: Global Markets

BCC Research Market Analyst says global market for energy retrofits in commercial and public buildings is expected to grow from $134.7 billion in 2024 to $191.3 billion by the end of 2029, at a CAGR of 7.3%.

Smart Home Technologies: Global Markets

BCC Research Market Analyst says global market for smart home technologies is expected to increase from $102.3 billion in 2023 to $166.7 billion by the end of 2028, with a CAGR of 10.3%.

Commercial Greenhouses: Global Markets

BCC Research Market Report says commercial greenhouses is estimated to increase from $36.3 bln in 2022 to reach $60.6 bln by 2027, at a CAGR of 10.8%.

Company's Business Segments

Applications/End User Industries

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