South America and Middle East & Africa are smaller markets having installed bases of 243,000 units and 388,000 units respectively. The Asia-Pacific market is moreover estimated to represent an installed base of about 1.4 million RTM systems. The North American market is estimated to be larger than the European at around 1.6 million active units. The analyst estimates that the European market accounted for more than 1.3 million active RTM systems at the end of 2020. Growing at a compound annual growth rate (CAGR) of 35.5 percent, the active installed base is estimated to reach 22.2 million units worldwide in 2025. The global installed base of active remote tank monitoring (RTM) solutions reached 4.8 million units at the end of 2020. The installed base of connected tanks to reach 22.2 million in 2025

Get up to date with the latest information about vendors, products and markets. The report is based on numerous executive interviews and profiles the leading 62 RTM vendors.

Typical applications include tank location tracking, tank level monitoring, regulatory compliance and reporting as well as optimization of delivery and pick up routes, and inventory management and analytics. This study investigates the market for connected tanks in various industries. The installed base of remote tank monitoring (RTM) systems is forecasted to grow at a compound annual growth rate of 35.5 percent from 4.8 million units at the end of 2020 to 22.2 million units by 2025. 22, 2021 (GLOBE NEWSWIRE) - The 'The Global Remote Tank Monitoring Market - 4th Edition' report has been added to 's offering.

Pulsa telemetry