Restronics South Central
We take a consultative approach to how we our Manufacturer Partners. We are here for you to help find the solutions you're looking for regarding Printed Circuit Board and Medical Device Manufacturing.
We appreciate you taking the time to visit the Restronics South Central website. This site has been designed to be a resource for our Manufacturer Partners, our Distribution Partners, and most importantly, our Customer Partners.
This site is made to educate, inform, and to serve as a hub to get and leave ideas. It’s important to me that the site of value to you. So, if you have any questions, things you want to explore, or, just want to leave us a comment, I welcome you to do so.
Regards,
-- James
James Willis
Managing Partner, Restronics South Central
Our Sioux City Team represents the leading product lines in the electronic manufacturing equipment and supplies industry.
Our goal is to determine and represent the right solution for your electronic and medical equipment manufacturing equipment and supplies. We should talk and talk about your needs.
Electronic Manufacturing Industry Statistics and Growth Projections
The trends below mean that there are a myriad of factors influencing the industry. There are several key statistics that have been singled out as a result of this. Just some of the most notable include:- Hourly downtime affects many businesses, with 98% saying that it costs them at least $100,000 per hour.
- Predictive maintenance can reduce costs by 20%.
- Unplanned outages can be reduced by up to 50% by implementing predictive maintenance.
- Many large companies, 72%, must have 99.99% minimum uptime.
- The electronic manufacturing 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 dealing with established companies.
- 63% of companies believe IoT device investment will increase profitability.
- 3/4 of companies will have digitized their supply changes by 2021.
- Close to 1/3 of companies have already implemented IoT into their devices.