Restronics Mid Atlantic
We offer a consultative approach to representation of our Manufacturer Partners. We're here to help you find the solutions you are looking for regarding Printed Circuit Board and Medical Device Manufacturing.
I’d like to thank you for visiting the Restronics Mid Atlantic website. We designed this site to be a valuable tool for our Manufacturer Partners, our Distribution Partners, and of course, our Customer Partners.
The website is intended to educate, inform, and allow users to get inspired and sharing your experience with us. It is very important to me that our website is helpful to you. So, if you have any questions, things you want to find out about, or maybe you just want to leave a comment, I encourage you to do so.
Thank you,
-- Matt
Matt Osborne
Managing Partner, Restronics Mid Atlantic
Our Norfolk Team represents 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 get together and learn about your needs.
Electronic Manufacturing Industry Stats and Growth Projections
These trends have meant that there are numerous of reasons why the industry is changing. The following are some key data that have been featured as a consequence of this. The most notable include:- Hourly downtime is experienced by many businesses, with as many as 98% stating it costs them $100,000 or more per hour.
- Predictive maintenance can reduce costs by 20%.
- Predictive maintenance can help avoid unplanned outages 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 working with a pre-established company.
- 63% of companies believe that investing 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.