Signify Philippines, the local arm of one in all the world’s leading lighting manufacturers, said it’s expecting as much as double-digit growth by year-end, driven mainly by stronger private-to-public partnerships (P2P) and growing demand from the manufacturing sector.
“We grew last 12 months. We’re aiming for a similar growth this 12 months. We’re taking a look at possibly 8% to 12%,” Redin Aliling, business lead for skilled business at Signify Philippines, said during a media roundtable lunch on Thursday.
The corporate has various ongoing lighting projects with the federal government, including partnerships with the local governments of Baguio, Ormoc, and Manila, in addition to an ongoing railway project. These mainly cover solar lighting, street lighting, office lighting, and façade beautification, Mr. Aliling said.
He added that Signify has more P2P projects within the pipeline and is actively expanding partnerships with more local government units (LGUs) with strong financial capability, as a part of efforts to extend the federal government’s share in its total project portfolio from around 10% to as much as 15%.
“We’re still low. That’s the world where we wish to go. We are able to grow to around 15% yearly. Then I feel we are going to call it an accomplishment,” Mr. Aliling said.
The manufacturing sector can be seen as a key growth driver for the corporate this 12 months, citing its continued expansion.
“There’s a boom in manufacturing recently,” Mr. Aliling said. “Now, if manufacturing is growing, all industries related to it can even have strong potential, equivalent to warehousing and transportation. All related sectors will profit from that.”
Signify Philippines’ growth can be expected to be supported by recent technologies and products currently in development.
On a national scale, the Philippines’ LED (light-emitting diode) lighting market was valued at US$692.95 million in 2025 and is projected to succeed in US$2.415 billion by 2035, with a compound annual growth rate (CAGR) of around 13.3%, in keeping with global market research firm Claight.
It noted that the country’s growth will probably be driven by increased government infrastructure spending, declining LED hardware costs, rising business and residential retrofits, and the expansion of smart lighting deployments.
Despite an optimistic growth outlook, Mr. Aliling said that a lack of information regarding regulations and upfront costs for adopting more advanced lighting technologies stays a possible bottleneck to the corporate’s growth.
Signify Philippines is addressing this by continuing its education initiatives and fascinating each private and non-private sector stakeholders on the importance of investing in additional advanced and sustainable lighting technologies, he said. — Edg Adrian A. Eva