Robots and Cost Reduction

2023

Robotic Welding

https://www.youtube.com/watch?v=GtCoSAKPUCc

2017

ABB Frosinone - Collaborative Robotics: more products, more work
2017-07-20 - A textbook example of how Industry 4.0 at an ABB plant in Italy has brought greater employment and production.
http://www.abb.com/cawp/seitp202/BF4B589876268CA6C125814F004DEEDC.aspx

What Is the Real Cost of an Industrial Robot Arm?
Ken Thayer
27 April 2017
Labor cost savings due to Robot use is given for many countries in the year 2025.
http://insights.globalspec.com/article/4788/what-is-the-real-cost-of-an-industrial-robot-arm


The Robotmakers – Yesterday, Today and Tomorrow
by Tanya M. Anandan, Contributing Editor
Robotic Industries Association
POSTED 04/28/2017
https://www.robotics.org/content-detail.cfm/Industrial-Robotics-Industry-Insights/The-Robotmakers-Yesterday-Today-and-Tomorrow/content_id/6513

2016

Reduction of Robot Price

The cost to purchase and implement a robotic spot welder has plummeted from $183,000 in 2005 to $132,000 in 2014, with the price forecasted to drop another 22% by 2025, according to Technavio’s lead industrial automation analysts.

In computer electronics manufacturing, it costs $4 per hour to use a robot for a routine assembly task compared to $24 for an average worker. In the US, industrial robots in auto manufacturing are already operating at a cost of $7.25 hourly wage after the cost of the robot is recovered. For example: the Baxter collaborative robot from Rethink Robotics, which works alongside the human workforce on the factory floor, only costs $22,000.
https://www.technavio.com/blog/industrial-robots-united-states-cut-labor-costs-21-2020


At Ford's factory in Cologne, Germany,  collaborative robots, or co-bots are working side by side with 4,000 Ford factory workers.

Automakers are leading the way in the adoption of co-bots, which they say are more cost-effective than industrial robots. The average selling price of a co-bot is close to $30,000, a number expected to drop to $18,500 by 2020. Automakers prefer the flexibility that comes with co-bots, which can work without safety cages and therefore can be rolled around to different parts of the factory.
https://www.cnbc.com/2016/10/31/ford-uses-co-bots-and-factory-workers-at-its-cologne-fiesta-plant.html


2015
Robotics systems are becoming an economically viable alternative to human labor in more and more industries. A human welder today earns around $25 per hour (including benefits), while the equivalent operating cost per hour for a robot is around $8 when installation, maintenance, and the operating costs of all hardware, software, and peripherals are amortized over a five-year depreciation period. In 15 years (by 2030), that gap will widen even more dramatically. The operating cost per hour for a robot doing similar welding tasks could plunge to as little as $2 when improvements in its performance are factored in.
https://www.bcgperspectives.com/content/articles/lean-manufacturing-innovation-robots-redefine-competitiveness/




Justifying the Cost of a Robotic Welding System
http://www.lincolnelectric.com/assets/US/EN/literature/mc04179.pdf

Robots in packaging: It’s all about cost savings

2008

http://www.isa.org/InTechTemplate.cfm?Section=Departments4&template=/ContentManagement/ContentDisplay.cfm&ContentID=73085

Robotics and Energy Cost Reduction
by Bennett Brumson , Contributing Editor
Robotic Industries Association
Posted 08/02/2006
http://www.robotics.org/content-detail.cfm/Industrial-Robotics-Featured-Articles/Robotics-and-Energy-Cost-Reduction/content_id/1047

Robotic systems employed in decontamination and decommissioning (D&D) applications offer potential benefits in terms of decreased personnel radiation exposure and decreased personnel costs. Robotic systems seem particularly suited to the repetitive nature of the gaseous diffusion plant (GDP) process building designs.

http://www.nap.edu/openbook.php?record_id=5114&page=233

Google Search Link for Robots Cost Reduction


Updated 5 August 2017, 30 Jan 2014