How much do robots cost? - Standard Bots (2024)

September 28, 2023

Robot pricing: Understanding the costs

If you've just started looking into robotic automation, then understanding the main factors influencing the cost of a robot is important. While two robots might be of the same size, their prices can vary widely. Brand reputation plays a role; for example, Universal robots may price their robots higher than FANUC or ABB.

Other factors like technology, precision, and durability also come into play, resulting in an incredibly diverse pricing landscape.

Exploring robot price tags

Another pretty obvious consideration is that the price tag of a robot will vary significantly based on whether you're eyeing new Industrial robots, reconditioned robots or used robots. Here's a glimpse at the average costs of new robots:

  • Cartesian: $5,000 to $15,000
    Cartesian robots, also known as Gantry or Linear robots, operate within a Three-Axis orthogonal area. Their straightforward design and limited range of movement make them relatively affordable. A Cartesian robot will typically be used for pick and place operations, assembly, and simple applications. They're generally cheaper due to their design simplicity and limited components.
  • Cylindrical: $20,000 to $40,000
    Cylindrical robots operate within a cylindrical-shaped work envelope and offer a better range of motion than Cartesian robots. This makes them suitable for assembly, die-casting, and spot welding. The increased complexity in their design, combined with the need for specialized components to ensure precision, is why they usually cost more than Cartesian robots.
  • SCARA: $10,000 to $40,000
    SCARA stands for Selective Compliance Assembly Robot Arm. These robots are known for their speed, accuracy, and ability to handle delicate assembly tasks. Their design is more complex than Cartesian and Cylindrical robots, allowing for horizontal movements.
    The price of these robots is mainly due to their precision components and the technology required to ensure rapid yet delicate operations.
  • Six-Axis: $30,000 to $100,000
    Six-Axis robots, often referred to as Articulated robots, can give you a wide range of motion with six degrees of freedom. This flexibility allows them to perform complex tasks, including welding, material handling, and assembly in various orientations.
    Their high cost comes down to the advanced technology, intricate design, and multiple high-precision joints and components that ensure dynamic and accurate operations.
  • Delta: $20,000 to $50,000
    Delta robots, also known as Parallel robots, are recognized for their unique design and incredible speed. They're normally used in food packaging and electronics assembly because of their ability to handle delicate items with precision. Their cost is influenced by the specialized components, advanced control systems, and technology required to ensure high-speed precision.

These ballpark figures of the costs of Industrial robots will inevitably vary according to specification, brand, and region - among many other factors. In this case, it's also important to understand the function of each of these types of robots, so you can decide which type you'll need for your operations.

The cost of building your own robot

Looking to get into custom robotics? Well, the custom robot cost can be quite a spectrum. Depending on the design complexity and materials used, building a robot might set you back just a few hundred dollars (or even a few thousand dollars). Although making a personalized robotic system might result in tailored solutions, it's very important to weigh up the expenses and considerations.

Remember, innovation usually comes with a price tag.

Let's not forget that without the right expertise, constructing a robot can be extremely challenging. The intricate design, programming, and calibration processes of robotics require specialized knowledge. Even the slightest miscalculation can lead to costly errors, making it crucial to have seasoned professionals guiding the endeavor.

In other words, when you consider the inevitability of errors, it's best to buy a robot rather than customize one.

Industrial robot expenses demystified

Investing in new Industrial robots is just the tip of the iceberg. After the initial purchase of an Industrial robot, there are ongoing costs for maintenance, software updates, and potential repairs. Robotic automation, while transformative, requires manufacturers to budget carefully for these recurring expenses.

These elements are essential factors to consider when looking at how much robots cost to get a clear picture of the final price tag. By understanding these expenses, businesses can better plan for a smooth robotic integration.

FAQs

How much cheaper are robots than humans?

An Industrial robot can be a cost-effective solution compared to paying human workers, especially for repetitive tasks. While humans require benefits and breaks and have limits to how much work they're capable of doing, robots can operate continuously, enhancing productivity.

Over time, the investment in robotic automation can lead to substantial savings. So, robots can be a financially savvy choice for many businesses.

What is the average price of a robot?

If you're talking about a new robot, complete with controllers and teach pendants, the price typically ranges between $50,000 and $80,000. However, the final cost can increase significantly when you consider peripherals and programming. It's important to note that refurbished robots can be acquired for about half the price of a new robot.

What robots can do?

To put it simply; robots can do a lot. To break it down, they can automate manual or repetitive activities, work in unpredictable or hazardous environments, assist in surgeries, and even make music. They can deliver orders, monitor shorelines, help search and rescue efforts, and assist with food preparation. Their capabilities are changing practically every day, mainly because of advancements in robotics and AI.

Final thoughts

When faced with all the factors influencing robot costs - whether you're considering investing in new robots or exploring the value of used robots - understanding the financial landscape is crucial. Always bear in mind that the value of an Industrial robot isn't just in its price tag but in the transformative potential it brings to your operations. Embrace the future and let robotics pave the way.

Next steps

Interested in stepping into the Collaborative robot arm world? RO1 by Standard Bots is the #1 for small-scale startups and established industrial giants.

  • Cost-effective: RO1 is the leading robotic arm in its class, delivering even more value at half the price of the competition.
  • Fast & strong: RO1 beats out the competition in speed and accuracy despite having the highest payload capacity in its class at 18 kg.
  • Truly collaborative: RO1 has built-in safety sensors and collision detection for safe, reliable operation on your shop floor.

Talk to our solutions team now to set up a free, 30-day onsite trial and receive specialized advice on everything you need to deploy RO1.

How much do robots cost? - Standard Bots (2024)

FAQs

How much do robots cost? ›

Robot prices can range from a few hundred to hundreds of thousands of dollars depending on the type. Let's take a look at some ballpark prices: For a small hobby robot, you're typically looking at $500 to $3,000. Larger Industrial robots start around $25,000 and go up from there.

How much do human-like robots cost? ›

The cost of owning a humanoid robot will vary significantly based on the model and capabilities. While Tesla's Optimus G2 and Unitree's H1 are projected to be relatively affordable at upwards of $30,000 to under $100,000, Figure One robots will cost up to $150,000.

What is the cost of AI robot? ›

Miko 3: AI-Powered Smart Robot for Kids | STEM Learning & Educational Robot (Not a Toy) | Interactive Robot with Coding apps + Unlimited Games + programmable. Buy for ₹18,249 with HDFC Bank credit cardBuy for ₹18,249 with HDFC Bank credi…

What do standard bots do? ›

Standard Bots is a US-based company that designs, manufactures, and sells a robotic arm. Our co-founder previously built the biggest vertical farming operation in the world, now valued at over $2B. Our vision is to build the world's preeminent robotics platform, the Apple or Tesla of robotics.

How much does robotic equipment cost? ›

The cost of robots varies widely, from a few thousand dollars for basic models to several hundred thousand or more for advanced, specialized machinery.

Do robots cost more than humans? ›

The cost per hour, as mentioned above, can be much lower for robots than for human beings. Add to that the fact that robots can usually perform tasks much faster than humans. Productivity is likely to be much higher and the labor cost per task therefore much lower than with human workers.

How much will a Tesla robot cost? ›

As of 2023, Tesla's global average car price exceeds $45,000, with around $47,000 for the US new car market. This means the robot's price could land around $20,000 to $25,000.

Is AI cheaper than humans? ›

It's too expensive to replace human workers with AI—for now, says MIT study. An artificially intelligent robot may not steal your job as soon as you think.

How much is solo robot? ›

the price of the robot is difficult to estimate since it will depend on the suppliers and machine shops that you use, the country you are in and the part quantities that you are ordering. We have estimated the cost for our Solo12 robot at around 6300€ + tax.

How much does 1 AI cost? ›

The typical price range for AI solutions

Custom AI solutions in 2024 can range in cost from $6,000 to over $300,000, covering both development and implementation. Consulting typically comes at a lower cost and varies based on the consultant's hourly rate, which usually falls between $200 and $350.

Why is AI so expensive? ›

Why AI Is So Expensive. The push for bigger AI models, and more chips and data centers to support building them, is driving up costs for technology companies. Nearly 18 months into the generative AI frenzy, some of the biggest tech companies are proving that artificial intelligence can be a real revenue driver.

How much is the price of AI? ›

Complexity Of The AI Solution
Complexity LevelCost Estimation
Low-Level Complex AI$15,000- $35,000
Medium Level Complex AI$40,000-$60,000
High-Level Complex AI$80,000-$100,000
Jan 5, 2024

Are bots good or bad? ›

A bot is a software application that automatically performs certain tasks quickly and at scale. It is a tool that can be used for good or bad purposes. Good bots are integral to our daily online lives, while bad bots can seriously damage your business if you don't properly protect yourself.

Can bots be harmful? ›

While malware bots create problems and issues for organizations, the dangers for consumers include their potential for carrying out data and identity theft, keylogging sensitive information such as passwords, bank details and addresses, and phishing. Malicious bots can easily go unnoticed.

What is the goal of a bot? ›

A bot is an automated software application that performs repetitive tasks over a network. It follows specific instructions to imitate human behavior but is faster and more accurate.

How much is Elon Musk robot? ›

Tesla aims to produce about a billion robots per year, hoping to capture at least 10 per cent of the market. Musk mentioned that the cost of the robots could be around $10,000 each at high production scales. If sold for $20,000 each, Tesla could make a trillion dollars in profit annually.

How many robots exist today? ›

There are over 3.4 million industrial robots in the world today.

How much does a universal robot cost? ›

The UR3 will sell for US $23,000 in the United States. (The UR5 costs $35,000, and the UR10, $45,000). Like its predecessors, the UR3 is a 6-axis articulated arm that can perform a host of tasks (pick-and-place, soldering, screwing, gluing, painting) in close collaboration with human workers.

How expensive is first robotics? ›

District Event Participants
FIRST Events - ALL DISTRICTSRegistration FeePayment Due Date
2 District Events$6,000November 12, 2024
Additional Inter-District Plays**$1,000January 22, 2025
District Championship***$4,000See below***
FIRST Championship (pre-qualified teams)$5,750April 8, 2025
1 more row

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