Can Connected Pallets Deliver?

For the construction industry, connectivity is offering new ways to track materials, equipment, and labor—and it could have big implications for the construction jobsite.

Case in point: connected pallets. A new report ranks connected pallets as the most promising greenfield application enabled by the new wave of cellular and non-cellular LPWA (low power wide area) technologies. As per some estimates, the global base of pallets used for transportation is around 10 billion units.

With an average sales price of $10 per unit for regular pallets, the cost of adding connectivity can be justified by increasing efficiency in many logistics operations. The ability to track pallets can also contribute to extending their lifespan, which is currently around two years.

Connected pallets are being evaluated by several large industry players right now who could proceed with large-scale deployments in a near future. Smart cities and smart agriculture are other potential mass-volume market segments.

Will connected pallets deliver in the construction industry? Time will tell, but the IoT (Internet of Things) is certainly making its mark in this space.

Related Articles