Restronics Northland
We provide a consultative approach to how we our Manufacturer Partners. We're here to help you find the solutions you need in the Printed Circuit Board and Medical Device manufacturing industry.
Thank you for coming to the Restronics Northland website. The site is a valuable tool for all: Our Manufacturer Partners, our Distribution Partners, and ultimately, our Customer Partners.
The website is intended to educate, inform, and allow users to get inspired and sharing your experience with us. It’s vial to me that the site of value to you. So, if you have any questions, things you want to explore, or, just want to leave us a comment, I invite you to do so.
Regards,
-- Ralph
Ralph Savage
Managing Partner, Restronics Northland
Our Northland Team represents many of the premier product lines in the electronic manufacturing equipment and supplies industry.
Our goal is to find and represent the perfect solution for your electronic and medical equipment manufacturing equipment and supplies. Contact us to meet and learn about your needs.
Electronic Manufacturing Industry Statistics and Growth Projections
These trends demonstrate that there are a variety of factors influencing the industry. The list below highlights a sampling of important statistics that have been highlighted as a consequence of this. A sampling of the most notable include:- Hourly downtime affects the majority of businesses, with 98% saying that it may cost them $100,000 or more per hour.
- Predictive maintenance could lower costs by 20%.
- Unplanned outages may be reduced with predictive maintenance by up to 50%.
- The majority of large companies, 72%, require 99.99% minimum uptime.
- Electronic manufacturing is expected to grow by roughly 8% by 2025.
- 50% of IoT spending is projected to focus on transportation, logistics, and discrete costs.
- 40% of IoT customers prefer dealing with a pre-established company.
- 63% of companies believe that investing in IoT devices will increase profitability.
- 3/4 of companies will have digitized their supply changes by 2021.
- Close to 1/3 of companies have already implemented IoT into their devices.
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We share our expertise, views and news about the electronics and medical equipment manufacturing industry and our principles.