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May 12, 2020
From LED to 3D printing, Coen Liedenbaum shares his experience of – and predictions for – disruptions to the lighting industry
In the early 2000s the lighting market was 100% conventional light bulbs. Coen Liedenbaum, then a researcher at Philips Lighting, knew there was a better way. It just needed to be invented.
Fast forward to today, and LED not only disrupted the industry, it became the new standard. In 2012 just 14% of Signify’s portfolio was LED, and 86% was conventional. Today LED is 78% of our portfolio, and conventional is just 12%. Coen Liedenbaum played a big role in kicking off that transformation.
And now he says “I’m working on something that not many people believe is the next big thing, but I do. I believe it’s even more disruptive than LED lighting.
Getting teams and managers on board is key.
Coen is passionate about the promise of 3D printing luminaires. Signify’s 3D printing service, launched in November 2019 allows luminaires to be bespoke designed or tailored to customer’s exact needs and recycled at the end of their life, supporting a circular economy.
Pooria Imani
Integrated Communications
Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers and the Internet of Things. Our Philips products, Interact systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. In 2023, we had sales of EUR 6.7 billion, approximately 32,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for seven consecutive years and have achieved the EcoVadis Platinum rating for four consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page.
