Restronics New England
We take a consultative approach to how we our Manufacturer Partners. We are here for you to help find the solutions you need regarding PCB and Medical Device Manufacturing.
I’d like to thank you for visiting the Restronics New England website. This site has been designed to be a resource for all of our Manufacturer Partners, our Distribution Partners, and of course, our Customer Partners.
Our site is intended to educate, inform, and be a place to get inspired and sharing your experience with us. It’s very important to me that it’s useful to you. So, if you have any ideas you would like to share, things you want to discover, or, just want to leave a comment, I encourage you to do so.
Thanks again,
-- Hunter
Hunter Adams
Managing Partner, Restronics New England
Our Concord Team represents some of the premier product lines in the electronic manufacturing equipment and supplies industry.
Our goal is to identify and represent the ideal solution for your electronic and medical equipment manufacturing equipment and supplies. Let’s talk and learn about your needs.
Electronic Manufacturing Industry Statistics and Growth Projections
The trends below mean that there are a variety of reasons why the industry is changing. There are several important statistics that have been highlighted because of this. Just some of the most notable include:- Hourly downtime is affecting most businesses. 98% say it costs them $100,000 per hour or more.
- Predictive maintenance may decrease expenses by 20%.
- Predictive maintenance can reduce unplanned outages by up to 50%.
- Many large companies, 72%, have to have 99.99% minimum uptime.
- Electronic manufacturing 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 doing business 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 one third of companies have already implemented IoT into their devices.