Restronics Northland
We take a consultative approach to how we our Manufacturer Partners. We're here to assist you in finding the solutions you need regarding Printed Circuit Board and Medical Device Manufacturing.
We appreciate you taking the time to visit the Restronics Northland website. The site is a valuable tool for all: Our Manufacturer Partners, our Distribution Partners, and most importantly, our Customer Partners.
The website is designed to educate, inform, and to serve as a hub to get and leave ideas. It is crucial to me that the website is helpful to you. So, if you have any suggestions, things you want to discover, or if you just want to leave a message, I encourage you to do so.
Regards,
-- Ralph
Ralph Savage
Managing Partner, Restronics Northland
Our Rochester Team represents many of the leading product lines in the electronic manufacturing equipment and supplies industry.
Our goal is to find and represent the best solution for your electronic and medical equipment manufacturing equipment and supplies. We should meet and talk about your needs.
Electronic Manufacturing Industry Stats and Growth Projections
The trends below mean that there are numerous of factors changing the industry. There are some key stats that have been featured as a result of this. A sampling ofhe most notable include:- Hourly downtime impacts many businesses, with as many as 98% stating it may cost them at least $100,000 per hour.
- Predictive maintenance can lower expenses by 20%.
- Unplanned outages may be reduced with predictive maintenance by up to 50%.
- Most large companies, 72%, require 99.99% minimum uptime.
- The industry is expected to grow by roughly 8% by 2025.
- 50% of IoT spending is expected to focus on transportation, logistics, and discrete costs.
- 40% of IoT customers prefer working with established companies.
- 63% of companies believe IoT device investment will increase profitability.
- Three-quarters of companies will have digitized their supply changes by 2021.
- Close to 1/3 of companies have already implemented IoT into their devices.