Philips
Philips lighting, operated by Signify Netherlands B.V. (Euronext: LIGHT), is a global manufacturer and seller of professional and consumer LED and conventional lighting products, serving commercial, industrial, municipal, and residential customers through distributors, OEMs, and direct enterprise sales.
- Company typePublic
- Founded2018
- HeadquartersRiyadh, Saudi Arabia
- Headcount—
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Philips does
Philips lighting is a global professional and consumer lighting brand manufactured and operated by Signify Netherlands B.V., the publicly traded company (Euronext Amsterdam: LIGHT) that was spun off from Royal Philips in 2018. The company sells a comprehensive portfolio of LED and conventional lighting products organized across indoor luminaires, outdoor luminaires, LED lamps and tubes, conventional lamps, LED electronics (modules and drivers such as Fortimo and Xitanium), and lighting controls. Underlying technology centers on LED efficiency, IoT-connected smart lighting through the Interact platform, UV-C germicidal systems, and specialized horticulture lighting via the Fluence and Once sub-brands.
The business operates a hybrid B2B and B2C model. Professional customers (offices, industry, public spaces, retail and hospitality, UV-C disinfection, agriculture) are served primarily through authorized distributor networks, OEM partners integrating Philips LED electronics into fixtures, and direct regional sales for large infrastructure projects (stadiums, airports, smart cities). Consumer products reach end users through retail channels and dedicated consumer websites, including the Philips Hue smart home line. Revenue derives from hardware sales of luminaires, lamps, and LED components, supplemented by professional services, lifecycle maintenance, and managed services contracts. The pricing model is quote-based through distributors with multi-year enterprise contracts.
The company competes as a global market leader in professional lighting alongside Osram and Signify's other operations, leveraging a brand with over a century of heritage, an extensive global distribution footprint, a portfolio of sub-brands (Dynalite, Vari-Lite, Ledinaire, TrueForce, Interact, Philips Hue), and partnerships with lighting design software providers (DIALux, Relux, Autodesk) that embed its products into the professional specification workflow.
Philips firmographics
Firmographics- Name
- Philips
- Legal name
- Signify Netherlands B.V.
- Website
- https://slc.philips.com
- Company type
- Public
- Founded year
- 2018
- Operating status
- Operating
- Short description
- Philips lighting, operated by Signify Netherlands B.V. (Euronext: LIGHT), is a global manufacturer and seller of professional and consumer LED and conventional lighting products, serving commercial, industrial, municipal, and residential customers through distributors, OEMs, and direct enterprise sales.
- Ownership category
- akta.pro rank
Philips industry classification
Industry- Product category
- Professional Lighting
- NAICS
- Commercial, Industrial, and Institutional Electric Lighting Fixture Manufacturing (335132), Residential Electric Lighting Fixture Manufacturing (335131), Electric Lamp Bulb and Other Lighting Equipment Manufacturing (335139), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Electric Lighting & Wiring Equipment (3640)
- akta.pro primary industry
- Outdoor & Area Lighting (Street, Roadway, Parking, Flood, Sports/Architectural exterior) (IMAGAIAB)
- akta.pro secondary industries
- Lighting Controls & Smart Lighting Systems (BPABAGAC), Specialty & Task/Workstation Lighting (Inspection/task lights, cleanroom/food-grade, portable work lights) (IMAGAIAK), Smart Lighting & Controls Retail (Smart Switches, Dimmers, Hubs) (CRAIAHAF)
Keywords
Where Philips is headquartered
LocationHeadquarters
- HQ city
- Riyadh
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices2 records
Markets served
Philips business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Professional Luminaires Sales: Sale of indoor and outdoor LED and conventional luminaires for commercial, industrial, and public applications including downlights, panels, high-bay, road lighting, and architectural fixtures
- LED and Conventional Lamps: Sale of LED lamps, tubes, spots, bulbs, HID lamps, and special lamps for replacement and new installations
- Professional Services: Customized lighting solutions including assessment, planning, design, installation support, and maintenance services for enterprise customers
- Lifecycle Services: Extended maintenance and support services to keep lighting systems operating optimally over time
- Managed Services: Full-service lighting management including design, installation, operation and maintenance for customers preferring outsourced lighting operations
- LED Electronics Components: Sale of LED modules, drivers, and control electronics to OEMs and lighting fixture manufacturers
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Professional B2B pricing through authorized distributors |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Philips product offering
Product offeringCore offering
Philips lighting, manufactured by Signify Netherlands B.V., designs, produces, and sells a comprehensive portfolio of LED and conventional lighting solutions including indoor and outdoor luminaires, LED lamps and tubes, LED electronics (modules and drivers), lighting controls, and specialized lighting for horticulture and UV-C disinfection. The portfolio serves professional commercial, industrial, municipal, and consumer residential customers through authorized distributors, OEM partners, regional sales offices, and consumer retail channels.
Product overview
Philips professional lighting, manufactured by Signify, offers a comprehensive portfolio of LED and conventional lighting solutions organized across multiple product categories: indoor luminaires (downlights, recessed, surface-mounted, suspended, high-bay/low-bay, and waterproof fixtures), outdoor luminaires (road/street, sports floodlighting, architectural, urban, solar, and tunnel lighting), LED lamps and tubes (tubes, spots, bulbs, strips for retrofit applications), conventional lamps (halogen, fluorescent, HID, and special UV-C/medical lamps), LED electronics (modules and drivers), lighting electronics (HID and fluorescent ballasts), and lighting controls (standalone and IoT-connected Interact systems). Key sub-brands include Ledinaire (value-oriented LED range), TrueForce (industrial LED retrofits), Interact Ready (smart IoT lighting), Iridium gen3 and DigiStreet (smart city street lighting), and Dynalite (intelligent building controls). The portfolio is complemented by professional services including assessment, lifecycle maintenance, and managed services, along with design tools like DIALux/Relux plugins, 3D model libraries, and the Service Tag mobile app for field technicians. The company positions itself as a leader in sustainable LED lighting solutions serving commercial, industrial, municipal, and residential applications.
Differentiator
Problem solved
Functional benefit
Brands
- Philips Hue: Smart home lighting brand under Signify offering Wi-Fi-enabled LED bulbs, strips, and fixtures for consumer smart home integration.
- Dynalite
- Interact
- Fluence
- Vari-Lite
- Ledinaire
- TrueForce
- Once
Products and services
- Indoor Luminaires Comprehensive range of indoor LED and conventional luminaires including downlights, accent downlights, recessed, panels on track, surface mounted, suspended, battens, high-bay and low-bay, and waterproof and cleanroom fixtures for office, industry, healthcare, and parking applications.
- Outdoor Luminaires Extensive portfolio of outdoor lighting solutions including road and street lighting, sports and area floodlighting, architectural floodlighting, urban lighting, solar lighting, and tunnel and underpass lighting fixtures.
- LED Lamps and Tubes Full range of LED replacement lamps and tubes including LED tubes, spots, HID replacement, bulbs, PL lamps, capsules and specials, LED candles and lusters, and LED strips for residential and commercial retrofit applications.
- Conventional Lamps and Tubes Traditional lighting products including halogen lamps, fluorescent lamps and starters, compact fluorescent non-integrated, compact high intensity discharge, high intensity discharge lamps, and special lamps including UV-C disinfection, entertainment, insect trap, reprography, optical and medical equipment, and infrared heat incandescent.
- LED Electronics LED drivers and modules including linear modules, point source modules, outdoor modules, constant voltage modules, linear drivers, point source drivers, outdoor drivers, constant voltage LED drivers, and retail display lighting components.
- Lighting Electronics Control gear for conventional lighting including HID electronic indoor and outdoor ballasts, and fluorescent fixed output gear for TL5, TL-D, and other fluorescent lamp types.
Quantifiable outcome
- Up to 60% energy cost reduction in mining site lighting applications
- +2 more outcomes
Companies that use Philips
Customer profileSegments7 records
Ideal customer profiles3 records
Philips technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Philips partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and notable.
- DynalitecoreDynalite is a Signify-owned brand for lighting control systems, providing integrated lighting control solutions for intelligent buildings integrated with the Interact platform.
- Fluence (by Signify)coreFluence provides specialized LED grow lights for medicinal cannabis cultivation, operating as a Signify brand focused on horticultural lighting applications.
- Once (Naturedynamics, Poultry, Swine, Aqua)coreOnce offers specialized lighting solutions for animal facilities including poultry barns, swine barns, aquaculture facilities, and research centers, operating as part of the Signify ecosystem.
- Vari-litecoreVari-lite provides theatrical and architectural lighting solutions for entertainment venues including theater, touring events, and houses of worship.
- DIALuxcoreDIALux is a lighting design software partnership providing free plugins that enable lighting professionals to simulate and specify Philips lighting products in their designs.
- ReluxcoreRelux provides lighting simulation software with Philips product plugins, enabling architectural lighting design and specification for professionals.
- Autodesk (3ds MAX)coreAutodesk 3ds MAX design software partnership providing Philips lighting product plugins for architectural visualization and lighting simulation.
- OEM Lighting ManufacturerscoreOEM partners integrate Philips LED electronics (Fortimo modules, Xitanium drivers) into their own lighting fixture products, enabling quality-assured components in the market.
- Signify August 2025 Smart Lighting PartnershipnotableSignify announced a partnership in August 2025 for smart lighting systems development, representing strategic expansion of connected lighting offerings.
Scale indicators12 records
Philips competitors and assessment
Company assessmentDirect peers
- Cree Lighting (Wolfspeed spin-off, IDEAL INDUSTRIES): Cree Lighting specializes in LED indoor, outdoor, and architectural luminaires with strong US specification presence — competing directly in commercial and outdoor segments where Philips is a specification leader.
- Hubbell Lighting: Hubbell's lighting division offers commercial, industrial, outdoor, and architectural LED luminaires plus controls for North American specification channels — overlapping professional B2B go-to-market.
- Acuity Brands: US-based lighting and building solutions company offering commercial, industrial, outdoor, and architectural LED luminaires plus lighting controls — directly comparable portfolio across professional segments.
- ams OSRAM: Direct competitor in professional, automotive, and specialty LED lighting as well as LED components and modules. Identified alongside Philips as a Top 3 global player in solid-state and energy-efficient lighting.
- GE Lighting (a Savant company): GE Lighting competes directly in residential and professional LED, smart lighting (Cync), and conventional lighting for North American and global channels — overlapping product categories and customer segments.
- Zumtobel Group: Austrian-headquartered professional lighting company (Zumtobel, Thorn, Tridonic brands) competing across architectural, office, outdoor, and entertainment lighting in European and global markets.
- Signify (parent, Euronext: LIGHT): Signify is the publicly traded parent that manufactures Philips-branded lighting products; comparing brand performance to parent KPIs is the most direct benchmark. Same product portfolio, IoT platforms (Interact, Hue), and global footprint.
Broad incumbents
- Eaton (Cooper Lighting Solutions): Eaton's lighting division (Cooper Lighting, Halo, Invue) competes in commercial, industrial, residential, and outdoor LED with integrated smart controls — a broader electrical conglomerate with overlapping lighting portfolio.
- Legrand: French electrical and digital building infrastructure group with a lighting systems segment and lighting controls portfolio that overlaps with Philips' wiring devices, controls, and smart building offerings.
Emerging players
- Lutron Electronics: US-based specialist in lighting controls, dimmers, and shades — direct competitor to Dynalite/Interact in the lighting controls layer of smart buildings with strong specification presence.
Market position
Strengths5 records
Weaknesses5 records
Key risks2 records
Key highlights6 records
Customer concentration
Philips social profiles
Digital presencePhilips financial estimates
Financial estimateRevenue estimate
Valuation estimate
Philips leadership team
Management profileNumber of profiles
Philips subsidiaries and ownership
Company hierarchySubsidiaries1 record
Philips funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Philips M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Philips
What does Philips do?
Philips lighting, manufactured by Signify Netherlands B.V., designs, produces, and sells a comprehensive portfolio of LED and conventional lighting solutions including indoor and outdoor luminaires, LED lamps and tubes, LED electronics (modules and drivers), lighting controls, and specialized lighting for horticulture and UV-C disinfection. The portfolio serves professional commercial, industrial, municipal, and consumer residential customers through authorized distributors, OEM partners, regional sales offices, and consumer retail channels.
Is Philips a public or private company?
Philips is a public company. It is classified as public and is currently operating.
When was Philips founded?
Philips was founded in 2018.
Where is Philips based?
Philips is headquartered in Riyadh, Saudi Arabia, in the Middle East region.
How does Philips make money?
Six revenue lines are on record. Professional Luminaires Sales are the primary driver. The others are LED and Conventional Lamps, professional Services, lifecycle Services, managed Services and LED Electronics Components.
Who are Philips's main competitors?
Direct peers on record are Cree Lighting (Wolfspeed spin-off, IDEAL INDUSTRIES), Hubbell Lighting, Acuity Brands, ams OSRAM, GE Lighting (a Savant company), Zumtobel Group and Signify (parent, Euronext: LIGHT). Broad incumbents are Eaton (Cooper Lighting Solutions) and Legrand. Lutron Electronics is listed as an emerging player.
Does Philips have an API?
No public API is recorded for Philips.
What industry is Philips in?
Philips's product category is Professional Lighting. Its primary akta.pro industry code is IMAGAIAB, Outdoor & Area Lighting (Street, Roadway, Parking, Flood, Sports/Architectural exterior), with a secondary code of BPABAGAC, Lighting Controls & Smart Lighting Systems. Its NAICS code is 335132 and its SIC code is 3640.