Restronics New England
We offer a consultative approach to representation of our Manufacturer Partners. We are here to help you find the solutions you need regarding PCB and Medical Device Manufacturing.
We appreciate you taking the time to visit the Restronics New England website. This site has been designed to be a source of information for all of our Manufacturer Partners, our Distribution Partners, and ultimately, our Customer Partners.
This site is intended to educate, inform, and allow users to get inspired and sharing your experience with us. It is crucial to me that the website is helpful to you. So, if you have any suggestions, things you want to find out about, or if you just want to leave us a comment, I welcome you to do so.
Sincerely,
-- Hunter
Hunter Adams
Managing Partner, Restronics New England
Our Providence Team represents the top product lines in the electronic manufacturing equipment and supplies industry.
Our goal is to discover and represent the ideal solution for your electronic and medical equipment manufacturing equipment and supplies. Let’s meet and learn about your needs.
Electronic Manufacturing Industry Stats and Growth Projections
These trends have meant that there are a myriad of factors changing the industry. The following are several key stats that have been featured because of this. A sampling ofhe most notable include:- Hourly downtime affects most businesses. 98% say it costs them $100,000 per hour or more.
- Predictive maintenance could decrease costs by 20%.
- Unplanned outages can be avoided by up to 50% through predictive maintenance.
- 72% of large companies must maintain 99% minimum uptime.
- Electronic manufacturing is expected to grow by roughly 8% by 2025.
- 50% of IoT spending is set to be focused on transportation, logistics, and discrete costs.
- 40% of IoT customers prefer doing business with established companies.
- 63% of companies believe IoT device investment 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.