Robotic arms are transforming industries, but how much do they really cost? Whether you’re eyeing an industrial robot for manufacturing or a cobot to assist your team, prices can vary widely. Curious about how factors like customization, application, and maintenance influence the final price? Keep reading to discover what you’ll need to budget for when considering robotic arms!
Types of Robotic Arms and Their Costs
The cost of robotic arms varies based on the type, application, features, and customizations. Below is an overview of different types of robotic arms and their typical price ranges.
Industrial Robotic Arms
Industrial robotic arms, used in manufacturing and automation, come in various price ranges depending on size, capabilities, and complexity.
- Basic Models: An entry-level robotic arm typically costs between $4,000 and $6,000, which typically includes the cost of the robotic arm itself and its necessary components, such as the controller and teach pendant. For example, you can get a powerful MaxWave MW-0805 robotic arm for just $4,000.
- Welding and Automation: For tasks like welding, the cost of a 6-axis robot arm varies widely, typically ranging from $8,500 to $12,820. The price difference often depends on factors such as motor type and additional features.
Collaborative Robot Arms (Cobots)
Collaborative robot arms, built to work alongside human workers, generally cost between $5,000 and $10,000 for basic models.
- Example: Priced at $6,900, the MW-FR16 offers an impressive package including a teach pendant and the basic tools to get started right away. With a payload of 16 kg and a reach of 1034 mm, this robot arm is ideal for medium-sized applications. Its robust safety features ensure smooth and worry-free operation, making it a valuable asset on any production line.
In general, the price of robotic arms depends on factors such as payload, reach, application, and whether the model is off-the-shelf or customized.
Factors Influencing the Cost of Robotic Arms
The cost of robot arms can vary greatly depending on several factors.
Level of Accuracy and Precision
- Robots designed to complete high-precision tasks such as assembly and inspection tend to be much more expensive. This is mainly because they require advanced technology and complex sensors to complete the tasks with extreme accuracy. While the initial cost may be high, the long-term savings and efficiency gains make these robots a wise investment.
Robotic Arm Application and Industry
- Robotic arms used in industries such as automotive and aerospace tend to be pricier because of their advanced, specialized features. These arms must handle complex tasks with incredible precision and durability, which increases their cost.
End of Arm Tooling (EOAT) and Accessories
- The total cost of a robotic arm can rise significantly when additional peripherals such as controllers, end effectors, and necessary software are factored in. For example, a simple robotic arm may be reasonably priced, but the price can soar once specialized tools or more advanced software are added to enable it to perform complex tasks.
Safety Components of Robot Arm
- Industrial robot arms are often equipped with additional safety features such as protective barriers and isolation systems to ensure worker safety. While they also add significantly to the overall cost of the equipment, it can provide peace of mind and ensure a safer working environment for all involved.
Robotic Arms Additional Costs
Purchasing a robotic arm, there are several additional costs and factors to consider to fully understand the total investment.
Maintenance Costs of Robotic Arm
The ongoing maintenance of industrial robotic arms can add up over time. The first 3-4 years may only require minor tasks like lubrication and battery upgrades, costing approximately $500 annually. However, as the robot ages, maintenance costs increase. By the fifth year, the cost can rise to around $5,000 for more extensive replacements such as internal wire harnesses and other worn parts.
- Annual maintenance (first 3-4 years): ~$500
- Maintenance after 5 years: ~$5,000
Regular maintenance tasks include inspection, greasing moving parts, and replacing lithium-ion batteries, which typically last 8-10 years, depending on usage.
Integration and Customization Costs
Integrating a robotics arm into a larger automation system adds significant costs. Integration involves not just the robot itself but also additional components like vision systems, grippers, conveyors, and safety equipment. The complexity of the integration process, including programming and customization, can drive up the cost.
- Cost considerations for integration:
- Vision systems
- Grippers
- Conveyors
- Safety equipment
Robotic Arm End Effectors and Tooling
The type and complexity of the End of Arm Tooling (EOAT) required for the robot will greatly influence the overall cost. Simple grippers for basic pick-and-place tasks are generally more affordable, while more advanced tooling options like force/torque sensors or vision systems can significantly increase the robot’s price.
- Basic EOAT (e.g., grippers): Lower cost
- Advanced EOAT (e.g., sensors, vision systems): Higher cost
Robot Arm Manufacturer Support
MaxWave is a reliable robotic arm manufacturer known for its innovation, quality, and customer support. With 24/7 after-sales service and a focus on long-term partnerships, Maxwave is a trusted choice for businesses seeking high-performance, durable robotic solutions.
Total Life Cycle Cost of Robot Arm
It’s important to consider the total life cycle cost of the robotic arm, not just the initial price. This includes maintenance, production throughput, and other costs over the robot’s lifespan. By considering these factors, you can better understand the total cost of ownership.
- Factors to include in life cycle cost:
- Initial purchase price
- Maintenance and repair costs
- Production throughput
Collaborative Robot Arms (Cobots)
- For collaborative robots (cobots), the integration costs include the robot itself, end-of-arm tooling, safety guarding, and integration expenses. Cobots generally require less complex infrastructure, which can reduce setup costs compared to industrial robots.
Performance vs. Cost
- Choosing the cheapest robotic arm might seem like a good idea at first, but it’s crucial to assess whether the robot meets your performance, payload, and reach requirements. Robots with lower capabilities could lead to inefficiencies, increased downtime, and higher costs in the long run.
- Risk of low-cost robots: Reduced performance and potential downtime
Robotic Arm Additional Costs
- The overall price of a robotic arm can rise significantly once basic add-ons such as controllers, end effectors, and necessary software are factored in. For example, a simple arm without advanced sensors or software may seem affordable, but the price can rise significantly once a complex control system or specialized gripper is added.
As you can see, the cost of a robotic arm varies greatly depending on its type, features, and intended use. While the initial investment may seem high, considering factors like maintenance, integration, and long-term performance can help you make a more informed decision. Whether you choose a new, refurbished, or leased robot, it’s important to weigh the costs against the benefits to ensure you’re getting the best value for your automation needs. For more details or to get a quote, contact us today!
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