Whilst the very first Unimation robotic arms would have cost you somewhere in the region of £100,000, the latest robotic arms, designed to satisfy a wide range of use types for the smaller-scale manufacturer, start around a much more affordable, £19,000 mark.
The use of robot arms has increased exponentially since 1960s when they were mainly used for making painting and welding in the automotive industry. This combined with the advances in technology and an increase in competition has led to a gradual improvement in the affordability and availability of the cheap robot arm
Indeed recent reports show the price of robot arms having dropped over 20% since 2013, and it is predicted to further drop an additional 20 % by 2025.
But buying second-hand, used, or refurbished robot arms is cheaper and can reduce the price by up to 50 percent thereby making cheap robot arms.