2024 Comprehensive Analysis of Robot Prices: How Much Do Industrial Robots Really Cost?

2024 Comprehensive Analysis of Robot Prices: How Much Do Industrial Robots Really Cost?

The prices of industrial robots vary widely, typically ranging from $20,000 to over $100,000. Additionally, refurbished robots are approximately half the cost of new ones, making them ideal for businesses with tight budgets.

This article will cover:

- Key factors influencing robot prices

- Price comparison of different robot types

- Hidden costs to consider

- Building your own robot vs purchasing an off-the-shelf solution

- Popular models in the market and their specific prices

1. Key Factors Affecting the Prices of Industrial Robots

The price of industrial robots is not fixed and is influenced by the following factors:

1. Brand Reputation

Established brands like Universal Robots and FANUC are often priced higher, while emerging brands like ARTECH CNC ROBOT offer more affordable solutions.

2. Technical Specifications

The more advanced the features, the higher the price. For example, robots equipped with AI capabilities, six-axis motion, and vision systems often exceed $100,000, while simpler robotic arms are priced around $20,000.

3. Payload and Precision

Higher payload capacity and greater precision come with increased costs. For instance, ARTECH CNC ROBOT’s offers one of the best 18kg payloads in its class, while robots with extremely high payloads (hundreds of kilograms) see significant price increases.

4. Durability and Maintenance Costs

Robots used in heavy industries require more durable materials and higher maintenance frequencies, which further raise costs.

2. Price Comparison of Different Types of Industrial Robots

Pick and Place, Assembly

1. Cartesian Robots ($5,000 - $15,000)

These robots are simple and cost-effective, primarily used for pick-and-place and basic assembly tasks.

Example: igus drylin® E, priced from $5,000.

2. Cylindrical Robots ($16,000 - $40,000)

Cylindrical robots offer a large working range, making them suitable for spot welding and die casting.

Example: QUESTT cylindrical robot, priced around $16,000.

3. SCARA Robots ($8,000 - $40,000)

SCARA robots are known for their speed and precision, widely used in precision assembly and electronics processing.

Example: ABB SCARA Robot, priced from $8,000.

4. Six-Axis Robots ($30,000 - $100,000+)

Six-axis robots are highly versatile and precise, ideal for welding and complex material handling.

Example: Universal Robots UR10e, starting at $45,000.

5. Delta Robots ($20,000 - $50,000)

Delta robots excel in high-speed tasks and are widely used in food packaging and electronic assembly.

Example: ABB FlexPicker IRB 360, priced over $30,000.

3. Hidden Costs of Robots

Beyond the purchase price, businesses should also consider the following hidden costs:

- Installation Costs: Programming and commissioning can cost approximately $10,000 - $50,000.

- Maintenance Costs: Annual maintenance and software updates cost about 10%-15% of the robot's price.

- Training Costs: Training for technical staff is also critical. For instance, FANUC’s one-week training program costs about $10,000.

4. Building Your Own Robot vs Buying an Off-the-Shelf Robot

Some companies opt to build robots themselves, but the costs vary significantly:

- Low Cost: Simple DIY robotic kits range from $200 to $500.

- Medium Cost: Custom-designed and programmed robots cost around $5,000 to $20,000.

- High-End Cost: Industrial-grade custom robots can easily exceed $100,000.

Conclusion: For most businesses, purchasing established brands of robots is typically more cost-effective.

5. Frequently Asked Questions

1. Are Robots More Cost-Effective Than Human Labor?

Compared to human labor, robots can operate continuously and reduce labor costs. They are particularly suitable for repetitive tasks and can deliver significant cost savings in the long term.

2. What Is the Average Price of an Industrial Robot?

A new robot (including controllers and teaching pendants) typically costs between $50,000 and $80,000. Refurbished robots cost about 50% of the new robot price.

3. What Can Robots Do?

Robots can automate manual tasks and perform operations in hazardous environments, playing vital roles in medical, food processing, rescue, and electronics assembly fields.

Summary

The cost of industrial robots is not just about the initial purchase price. Businesses must consider the return on investment (ROI) and potential hidden expenditures. Evaluating cost-effectiveness is crucial for any business.

Next Steps

If you are looking for efficient and affordable collaborative robots, ARTECH CNC ROBOT’s AR1 is the ideal choice:

- Cost-Effective: AR1 offers high performance at a competitive price, with rental costs as low as $5/hour.

- Powerful Performance: Boasting an 18kg payload capacity, AR1 delivers industry-leading speed and precision.

- Smart Operation: No programming required, with built-in AI functions for easy operation.

- Safe and Reliable: Equipped with safety sensors and collision detection to ensure operational safety.

Contact our team today to schedule a 30-day free trial and receive a customized deployment solution!