43% of electronics new product introductions are delayed because of engineering inefficiency and low technology adoption, Instrumental survey finds
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The 2021 State of Electronics NPI Survey reveals that, even before 2020, electronics manufacturing has experienced engineering inefficiencies that put a $1 Trillion market at risk.
In the past five years, 43% of new electronic products have missed their initial launch dates, indicating a long-term industry failure to adapt to the intensifying forces of increasing product complexity, faster delivery timelines, and increased supply chain volatility. PALO ALTO, Calif. (PRWEB) May 17, 2021 Instrumental, the leading manufacturing optimization platform, recently completed and shared its first annual State of New Product Introduction (NPI) Survey findings. The study gathered feedback from over 100 leaders in electronics design, manufacturing, and engineering t