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Top 5 Vendors in the Used and Refurbished Robots Market in the Americas: Technavio

Technavio has announced the top five leading vendors in their recent report on the used and refurbished robots market in the Americas from 2017-2021. This market research report also lists five other prominent vendors that are expected to impact the market during the forecast period.

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Technavio has published a new report on the used and refurbished robots market in the Americas from  ...

Technavio has published a new report on the used and refurbished robots market in the Americas from 2017-2021. (Graphic: Business Wire)

Competitive vendor landscape

The used and refurbished robots market in the Americas is categorized as fragmented with regional and global players. The implementation of used and refurbished robots has witnessed growth in the recent past as these robots are cost-effective when compared to the new industrial robots. Vendors are offering reconditioned robots to industries that are first-time users and highly price conscious. These industries are switching from manual operations to automation, due to which they are not investing heavily in automation, first-hand.

According to Sushmit Chakraborty, a lead robotics research analyst at Technavio, “The used and refurbished robots market majorly comprises system integrators that procure used robots that are at most used for 10 years from end-users. The robots procured from end-users are tried and tested, and their performance is analyzed on more than 100 test points. Used and refurbished robots are reconditioned where damaged components are replaced by new components. The life of used and refurbished robots is limited as they need high maintenance when compared with the new robots.”

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Technavio market research analysts identify the following key vendors:

Alliance Robotics

Alliance Robotics has developed a team dedicated to the refurbished robots segment in alliance with Fanuc Robotics. The team procures used robots from industries and reconditions them to restore the original efficiency and features of robots. The company procures robots from Fanuc Robotics, which comes with 6 axis and a maximum payload of 300 Kgs. The robots procured are equipped with a controller, teach pendant, and authorized software.

Antenen Robotics

The company buys industrial robots that are recently designed and not too old for the industry. Antenen Robotics also procures robots that can provide parts for the replacement of damaged parts while reconditioning the used robots. The company procures used robots and build the inventory for used spare parts such as sensors, GPS, vision system, motors, and controllers. These parts are further incorporated in used and refurbished robots by replacing the damaged components.

MASTER Robotics

MASTER Robotics tries to achieve the same quality standards of robots as offered by OEMs. The paint can be customized based on the demand of end-users. Tailored, used, and refurbished robots are offered by the company to industries, which best fits the industrial applications. The company also offers new and used parts that are used in robots at affordable prices.

Northline Robot World

The company offers on-site training and servicing support to industrial workers. The robots are tested on several parameters before they are made ready to be installed in factories. The services of Northline Robot World allow industries to perform seamless operations at a much lower operational cost. The used and refurbished robots are tested for 20 hours on full payload capacity to determine the quality of robots.

The Robot Company

The Robot Company procures all the used parts of Fanuc robots, which can be resold at a much lower price to end-users. The reconditioning of robots includes the incorporation of used parts that are tested and tried on applications with full payload capacity. To ensure the breakthrough performance of used and refurbished robots, the Fanuc Robotics team is engaged in the servicing of robots. The certification of reconditioned robots is done on the basis of the performance of used robots.

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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