Lighting

Signify’s Connected Lighting Business 2022 Examined

In this Research Note, we examine the lighting business of Signify, based on their 2022 annual results, investor presentations and connected lighting technology-related activities throughout 2022. This is an update on our previous coverage of Signify last year. Signify, headquartered in Eindhoven, the Netherlands, is a market leader in energy-efficient lighting systems and services, with approximately 35,000 employees and a presence in over 70 countries. The business reported 2022 sales of EUR 7,514 million on 27th January 2023. Full-year sales increased by 9.5% to EUR 7,514 million, including a positive currency effect of 6.0%, primarily driven by the appreciation of the USD, and a positive impact of 2.4% from the consolidation of Fluence and Pierlite. Comparable sales growth was 1.2%, benefiting from traction in the professional segment, partly offset by China, which was impacted by COVID-related measures, and softness in the consumer segment. Over the past few years, Signify has strengthened its position as the […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Complimentary Article video surveillance market research 2025
Security

Video Surveillance Market 2025: Ongoing Shift towards Software Drives Growth

The video surveillance industry is undergoing its most significant transformation since the shift from analog to digital. What was once primarily a reactive security tool, cameras recording footage for post-incident review, is evolving into a proactive intelligence infrastructure. The traditional model of video surveillance centered on cameras, on-premise storage and software. That era is coming […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.