Restronics Northland
We take a consultative approach to how we our Manufacturer Partners. We're here for you to help find the solutions you're looking for in the PCB and Medical Device manufacturing industry.
We appreciate you taking the time to visit the Restronics Northland website. We designed this site to be a source of information for all: Our Manufacturer Partners, our Distribution Partners, and ultimately, our Customer Partners.
This site is made to educate, inform, and allow users to get inspired and sharing your experience with us. It’s crucial to me that it is useful to you. So, if you have any questions, things you want to discover, or, just want to leave a message, I encourage you to do so.
Regards,
-- Ralph
Ralph Savage
Managing Partner, Restronics Northland
Our Minneapolis Team represents many of the top product lines in the electronic manufacturing equipment and supplies industry.
Our goal is to find and represent the best solution for your medical equipment and electronic manufacturing equipment and supplies. Let’s get together and learn about your needs.
Electronic Manufacturing Industry Stats and Growth Projections
The trends below mean that there are a variety of factors changing the industry. There are a sampling of influential stats that have been featured as a result of this. Just some of the most notable include:- Hourly downtime is affecting the majority of businesses, with as many as 98% stating it can cost them $100,000 per hour or more.
- Predictive maintenance could lower expenses by 20%.
- Unplanned outages can be avoided by up to 50% by predictive maintenance.
- 72% of large companies require 99% minimum uptime.
- Electronic manufacturing is expected to grow by roughly 8% by 2025.
- 50% of IoT spending is will focus on transportation, logistics, and discrete costs.
- 40% of IoT customers prefer dealing with an established company.
- 63% of companies believe investment in IoT devices will increase profitability.
- Three-fourths of companies will have digitized their supply changes by 2021.
- Close to one third of companies have already implemented IoT into their devices.