Growth of Used and Refurbished Robots in 2024

One of the emerging trends in the industrial robot industry for 2024 is the increased adoption and use of used and refurbished robots. Instead of automating with brand new machines, many manufacturers are opting for the Yaskawa MH50 and other used industrial robots. Nearly 40% of currently active factory robots fall under the used and refurbished category. As more companies look to automate their manufacturing in order to combat rising costs and labor shortages, the number of used articulated robots will continue to grow substantially. The industries accounting for the largest percentages of used robot manipulators are the automotive, electronics, and food and beverage. One of the main reasons for the growth of used and refurbished robots is that they are a more cost-effective way to automate manufacturing. Used robots cost significantly less than brand new robots. Used robots typically cost 40% to 60% less than new industrial robots. The lower purchase price of a used FANUC Arcmate 100ic/6L makes robotic automation more affordable and feasible for companies with smaller budgets. Used and refurbished robots have significantly lower upfront costs while still providing the key benefits of robotic automation. Six axis robots can run for decades so purchasing used does not mean sacrificing on quality or the lifespan of the robot. Not only do used and refurbished robots have a lower purchase price than new robots, they also tend to have a lower total cost of ownership. Part of the reason for this is because their initial purchase price is less expensive. However, significantly lower maintenance and operational costs play a major role in overall lower ownership costs. Used and refurbished robots are compatible with used robotic parts. Used parts are less expensive than new robotic parts, lowering the cost of maintenance and repairs. Should your FANUC LR Mate 200ic need a replacement part, purchasing used makes the repair much more affordable. Another reason for the growth of the used and refurbished robot market is the shorter lead times of those robotic manipulators. Used handling robots are already built and available for immediate shipping. Used robots can be delivered within a matter of a few weeks or less after the sale. New robots can have long lead times with some taking over six months. New robots may not be pre-built and may have to ship from overseas. Waiting several months for a assembly robot is not ideal especially for those needing to replace a robot. The short lead times of used industrial robot arms allow companies to immediately automate or quickly replace a robot that is down. Used and refurbished robots are also ideal replacements for robots within a pre-existing robot system. This is because of the likelihood that used robots will be compatible with older robotic equipment while new robots may not be. Purchasing a used ABB IRB 1600, saves companies from having to replace their entire robotic system. Used and refurbished robots are also a more sustainable option than new robots. As the world looks for more eco-friendly manufacturing practices, automating with used robots can help contribute to this cause. Purchasing used repurposes older robots, decreasing demand for new resources and reduces waste.