Why Enterprises Consider LoRaWAN for Remote Monitoring of Their Tank Fleets

What is remote tank monitoring?

This key Industrial IoT (IIoT) tool uses technology to remotely sense content levels and communicate that information to users who can then make informed decisions on inventory replenishment. This process enables users to take action in a timely fashion and can reduce operating costs and improve profits.

The tool also enables improvements in efficiency, safety and service for tank fleet owners, ranging from small, regional businesses with a few tanks to the world’s largest LPG / propane, industrial gas and chemical manufacturers and distributors.

What solutions are available for remote tank monitoring (RTM)?

A wide range of specialized solution providers offers various tank applications, including water & wastewater, fuel- oil storage, chemical distribution, residential fuel tanks, tank containers, propane gas tanks, intermediate bulk container (IBC) tanks, liquid fertilizer tanks, groundwater, septic tanks and distributed fuel tanks, for multiple industries.

Why enterprises consider LoRaWAN for this important task

Low-Power Wide-Area (LPWA) network technology with cost-efficient hardware and long battery life is attracting a lot of interest from remote tank-monitoring solution providers as it can lower their total cost per measuring point, while providing extensive coverage. Considering remote tank monitoring applications’ limited requirements for bandwidth and connectivity latency, LPWA technologies, like LoRaWAN, are expected to reach a significant position in the market. These private networks also support additional, broader monitoring, efficiency, safety and security applications.

Why should you download this report?

This market report¹will give you an instant roundup of solutions and providers along with a market overview to fuel your thoughts and guide your choices as you evaluate alternatives fitting your specific needs. Topics include:

RTM market trends,
Sensor types and providers, and
Monitoring solutions per use case and container / tank types.

¹Berg Insight, “Why Enterprises Consider LoRaWAN for Remote Monitoring of Their Tank Fleets”, by Fredrik Stålbrand, January 2023

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Berg Insight is an independent producer of market analysis, and this Berg Insight product is the result of objective research by Berg Insight staff at the time of data collection. The opinions of Berg Insight and its analysts on any subject are continuously revised based on the most current data available. The information contained herein has been obtained from sources believed to be reliable. Berg Insight disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.