Restronics Mid Atlantic
We take a consultative approach to representation of our Manufacturer Partners. We're here to help you find the solutions you are searching for in the PCB and Medical Device manufacturing industry.
Thank you for coming to the Restronics Mid Atlantic website. This site has been designed to be a valuable tool for our Manufacturer Partners, our Distribution Partners, and most importantly, our Customer Partners.
The website is designed to educate, inform, and be a place to get ideas and leave ideas. It is very important to me that the site of value to you. So, if you have any suggestions, things you want to learn about, or maybe you just want to leave a note, I invite you to do so.
Thank you,
-- Matt
Matt Osborne
Managing Partner, Restronics Mid Atlantic
Our Washington Team represents some of the leading product lines in the electronic manufacturing equipment and supplies industry.
Our goal is to discover and represent the best solution for your medical equipment and electronic manufacturing equipment and supplies. Contact us to talk and discover your needs.
Electronic Manufacturing Industry Statistics and Growth Projections
The trends below mean that there are a myriad of reasons why the industry is changing. There are several key data that have been highlighted as a result of this. Some of the most notable include:- Hourly downtime is affecting most businesses, with as many as 98% stating it costs them $100,000 per hour or more.
- Predictive maintenance could lower expenses by 20%.
- Unplanned outages could be avoided with predictive maintenance by up to 50%.
- Many large companies, 72%, require 99.99% minimum uptime.
- The electronic manufacturing industry 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 dealing with established companies.
- 63% of companies believe investment in IoT devices will increase profitability.
- Three-quarters of companies will have digitized their supply changes by 2021.
- Close to one third of companies have already implemented IoT into their devices.