Restronics Southwest
We offer a consultative approach to representing our Manufacturer Partners. We're here to assist you in finding the solutions you're looking for in the Printed Circuit Board and Medical Device manufacturing industry.
Thank you for coming to the Restronics Southwest website. The site is a source of information for all: Our Manufacturer Partners, our Distribution Partners, and of course, our Customer Partners.
Our website is built to educate, inform, and be a place to get inspired and sharing your experience with us. It is paramount to me that it is useful to you. So, if you have any questions, things you want to discover, or if you just want to leave us a note, I invite you to do so.
Thank you,
-- Connor
Connor Armstrong
Managing Partner, Restronics Southwest
Our Austin Team represents many of the top product lines in the electronic manufacturing equipment and supplies industry.
Our mission is to find and represent the best solution for your medical equipment and electronic manufacturing equipment and supplies. Let’s talk and discover your needs.
Electronic Manufacturing Industry Statistics and Growth Projections
These trends have meant that there are a variety of factors changing the industry. The list below highlights a sampling of key statistics that have been singled out because of this. The most notable include:- Hourly downtime is affecting most businesses, with 98% saying that it can cost them $100,000 or more per hour.
- Predictive maintenance could reduce expenses by 20%.
- Unplanned outages may be avoided with predictive maintenance by up to 50%.
- The majority of large companies, 72%, have to have 99.99% minimum uptime.
- The 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 doing business 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 one third of companies have already implemented IoT into their devices.