Tools commonly used in the Tank Measuring Devices (Manufacturing) industry for day-to-day tasks and operations.

• Ultrasonic level sensors
• Radar level sensors
• Magnetic level gauges
• Float and tape level gauges
• Pressure transmitters
• Temperature sensors
• Flow meters
• Control valves
• Data loggers
• Calibration equipment

Common products and services typical of NAICS Code 334513-14, illustrating the main business activities and contributions to the market.

• Fuel tank level sensors
• Propane tank level gauges
• Water tank level indicators
• Chemical tank level sensors
• Gas tank level monitors
• Liquid level controllers
• Tank volume calculators
• Tank level alarms
• Tank level switches
• Tank level transmitters

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
• UL Listing: This certification is provided by Underwriters Laboratories (UL) and ensures that the product has been tested and meets safety standards.
• ATEX Certification: This certification is required for products sold in the European Union and ensures that the product is safe to use in potentially explosive atmospheres. It is provided by the European Union.
• NIST Calibration: This certification ensures that the product has been calibrated to meet the standards set by the National Institute of Standards and Technology (NIST).
• FCC Certification: This certification is required for products that emit radio frequency energy and ensures that the product meets the standards set by the Federal Communications Commission (FCC).

A concise historical narrative of NAICS Code 334513-14 covering global milestones and recent developments within the United States.

• The "Tank Measuring Devices (Manufacturing)" industry has a long history dating back to the early 20th century when the first mechanical tank gauges were invented. These gauges were used to measure the level of liquid in storage tanks and were widely adopted in the oil and gas industry. In the 1960s, electronic tank gauges were introduced, which provided more accurate and reliable measurements. In recent years, the industry has seen significant advancements in technology, such as the use of ultrasonic sensors and wireless communication, which have improved the efficiency and accuracy of tank measurement systems. In the United States, the "Tank Measuring Devices (Manufacturing)" industry has experienced steady growth over the past decade. This growth can be attributed to the increasing demand for tank measurement systems in various industries, including oil and gas, chemical, and water treatment. The industry has also benefited from the development of new technologies, such as cloud-based monitoring systems and mobile applications, which have made tank measurement systems more accessible and user-friendly. Overall, the industry is expected to continue growing in the coming years as the demand for accurate and reliable tank measurement systems continues to increase.

The anticipated future trajectory of the NAICS 334513-14 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Tank Measuring Devices (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for accurate and reliable tank measurement devices in various industries such as oil and gas, chemical, and water treatment. The growing need for automation and digitalization in the manufacturing process is also expected to drive the growth of the industry. Additionally, the increasing focus on environmental regulations and safety standards is expected to create new opportunities for the industry. However, the industry may face challenges such as the high cost of advanced tank measuring devices and the availability of low-cost alternatives. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Tank Measuring Devices (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

• Radar Level Measurement Technology: This technology uses radar waves to measure the level of liquid in a tank. It provides accurate and reliable measurements even in harsh environments and is widely used in the oil and gas industry.
• Ultrasonic Level Measurement Technology: This technology uses ultrasonic waves to measure the level of liquid in a tank. It is non-invasive and can be used in a wide range of applications such as water treatment, chemical, and food and beverage industries.
• Wireless Tank Monitoring Systems: These systems use wireless sensors to monitor the level of liquid in a tank and transmit the data to a central monitoring system. They provide real-time data and can be used in remote locations.
• Internet Of Things (Iot) Enabled Tank Monitoring Systems: These systems use IoT technology to monitor the level of liquid in a tank and transmit the data to a cloud-based platform. They provide real-time data and can be used for predictive maintenance and inventory management.
• Automated Tank Gauging Systems: These systems use sensors and software to measure the level of liquid in a tank and provide accurate and reliable data. They can be used in various industries such as oil and gas, chemical, and water treatment.

This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Tank Measuring Devices (Manufacturing) industry. It highlights the primary inputs that Tank Measuring Devices (Manufacturing) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Adhesives and Sealants: Used to bond components together and seal joints, these materials are crucial for maintaining the functionality and reliability of measuring devices.

Battery Packs: Power sources for portable measuring devices, ensuring they operate effectively in remote locations without direct power supply.

Conductive Materials: Used in the manufacturing of sensors and other electronic components, these materials facilitate the accurate transmission of signals.

Electronic Circuit Boards: Integral components that house the electronic circuitry for tank measuring devices, enabling data processing and communication.

Electronic Sensors: Critical components that detect and measure levels of liquids or gases, providing real-time data for monitoring and control.

Glass Components: Used in the construction of sight glasses and other transparent elements, allowing operators to visually monitor liquid levels within tanks.

Insulation Materials: Used to protect sensitive components from temperature fluctuations, ensuring consistent performance of measuring devices in varying environments.

Plastic Resins: Used to create various components of measuring devices, these materials are lightweight and resistant to chemicals, making them ideal for tank applications.

Sealing Gaskets: Essential for preventing leaks in tank measuring devices, these components ensure the integrity and reliability of the measurement system.

Stainless Steel: A corrosion-resistant alloy used in the manufacturing of tank measuring devices, providing durability and longevity in harsh environments.

Equipment

3D Printers: Advanced manufacturing tools that allow for rapid prototyping of components, enabling faster design iterations and product development.

Assembly Tools: Hand tools and power tools used in the assembly process of tank measuring devices, ensuring that all components are securely fitted together.

CNC Machining Tools: Computer Numerical Control machines that are essential for precisely cutting and shaping materials used in the production of measuring devices.

Calibration Equipment: Tools used to ensure that measuring devices provide accurate readings, critical for compliance and operational efficiency in various industries.

Data Logging Systems: Systems that record and store measurement data over time, allowing for analysis and monitoring of tank levels and conditions.

Laser Cutters: Precision cutting tools that provide high accuracy in shaping materials for tank measuring devices, enhancing production efficiency.

Pressure Testing Equipment: Devices used to test the integrity and performance of tank measuring devices under various pressure conditions, ensuring safety and reliability.

Quality Control Instruments: Tools and devices used to inspect and verify the quality of manufactured tank measuring devices, ensuring they meet industry standards.

Testing Fixtures: Specialized setups that hold measuring devices during testing processes to ensure they meet quality and performance standards.

Welding Equipment: Used to join metal parts together during the manufacturing process, ensuring strong and durable connections in tank measuring devices.

Explore a detailed compilation of the unique products and services offered by the Tank Measuring Devices (Manufacturing) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Tank Measuring Devices (Manufacturing) to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Tank Measuring Devices (Manufacturing) industry. It highlights the primary inputs that Tank Measuring Devices (Manufacturing) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Equipment

Capacitance Level Transmitters: Capacitance level transmitters measure the change in capacitance caused by the level of a liquid or solid in a tank. They are commonly employed in the food and beverage industry for monitoring ingredient levels, ensuring consistent production processes.

Float Level Switches: Float level switches operate using a buoyant float that rises and falls with the liquid level, triggering switches at predetermined levels. They are essential in wastewater treatment facilities for controlling pumps and preventing overflow.

Hydrostatic Level Sensors: By measuring the pressure at the bottom of a tank, hydrostatic level sensors calculate the liquid level. These sensors are commonly used in environmental monitoring and water management applications.

Laser Level Sensors: Utilizing laser technology, these sensors provide non-contact level measurement, making them suitable for a variety of applications, including bulk material storage in mining and construction.

Level Indicators: Level indicators provide visual representation of the liquid level in tanks, often using mechanical or electronic displays. They are crucial in manufacturing settings for quick assessments of tank contents.

Magnetostrictive Level Sensors: These sensors use magnetic fields to determine the level of liquids in tanks, offering high accuracy and reliability. They are often used in fuel storage and chemical processing to ensure safe and efficient operations.

Pressure Level Transmitters: These devices measure the pressure exerted by a column of liquid, allowing for level determination in tanks. They are widely used in various industries, including pharmaceuticals, to maintain precise control over liquid levels.

Radar Level Gauges: Employing microwave radar technology, these gauges provide precise level measurements in challenging conditions, such as high pressure or temperature. Industries like oil and gas rely on radar gauges for accurate inventory tracking and safety monitoring.

Tachometers for Tank Level Measurement: These devices measure the rotational speed of a float or other moving part to determine liquid levels. They are often used in industrial settings to ensure accurate monitoring of tank contents.

Ultrasonic Level Sensors: These sensors utilize ultrasonic waves to accurately measure the level of liquids and solids in tanks. They are widely used in industries such as water treatment and chemical processing, providing reliable data for inventory management and process control.

A thorough examination of the Tank Measuring Devices (Manufacturing) industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.

Political Factors

Economic Factors

Social Factors

Technological Factors

Legal Factors

Economical Factors

An in-depth look at the Tank Measuring Devices (Manufacturing) industry's value chain, highlighting its role, key activities, and efficiency strategies, along with its unique value drivers and competitive strengths.

Value Chain Position

Category: Component Manufacturer
Value Stage: Intermediate
Description: This industry operates as a component manufacturer, focusing on producing specialized devices that measure various parameters of liquids and gases in tanks. The manufacturing processes involve precision engineering and adherence to strict quality standards to ensure reliability and accuracy in measurement.

Upstream Industries

Downstream Industries

Primary Activities

Inbound Logistics: Inbound logistics involve the careful receipt and inspection of raw materials, including electronic components and metal parts. Inventory management practices ensure that materials are stored under optimal conditions to prevent damage. Quality control measures include rigorous testing of incoming components to ensure they meet specified standards, while challenges such as supply chain disruptions are mitigated through diversified sourcing strategies.

Operations: Core operations include the assembly of tank measuring devices, which involves integrating sensors, electronics, and mechanical components. Quality management practices are implemented throughout the manufacturing process, including regular calibration of devices to ensure accuracy. Industry-standard procedures involve adhering to ISO certifications and maintaining detailed documentation of production processes to ensure traceability and compliance.

Outbound Logistics: Outbound logistics encompass the distribution of finished tank measuring devices to customers, utilizing both direct shipping and third-party logistics providers. Quality preservation during delivery is achieved through careful packaging and handling procedures to prevent damage. Common practices include tracking shipments and ensuring timely delivery to meet customer expectations.

Marketing & Sales: Marketing strategies in this industry often focus on trade shows, industry publications, and online platforms to reach potential customers. Building strong customer relationships is achieved through technical support and after-sales service, ensuring that clients understand the product's capabilities. Sales processes typically involve consultations to tailor solutions to specific customer needs and applications.

Support Activities

Infrastructure: The infrastructure supporting this industry includes management systems that facilitate production planning, inventory control, and quality assurance. Organizational structures often consist of cross-functional teams that enhance collaboration between engineering, production, and sales departments. Planning systems are essential for aligning production schedules with customer demand and managing resources effectively.

Human Resource Management: Workforce requirements include skilled technicians and engineers proficient in electronics and mechanical assembly. Training programs focus on enhancing technical skills and knowledge of industry standards, ensuring that employees are equipped to maintain high-quality production. Development approaches may include continuous education and certification programs to keep staff updated on technological advancements.

Technology Development: Key technologies in this industry include advanced sensor technology and data analytics for improving measurement accuracy. Innovation practices often involve research and development initiatives aimed at creating more efficient and reliable measuring devices. Industry-standard systems may include software for monitoring device performance and integrating with other industrial systems.

Procurement: Sourcing strategies emphasize building long-term relationships with suppliers of high-quality components. Supplier relationship management is critical for ensuring consistent quality and timely delivery of materials, while purchasing practices often focus on negotiating favorable terms and maintaining a balance between cost and quality.

Value Chain Efficiency

Process Efficiency: Operational effectiveness is measured through metrics such as production cycle time and defect rates. Common efficiency measures include lean manufacturing techniques that minimize waste and optimize resource use. Industry benchmarks are established based on performance metrics from leading manufacturers in the sector.

Integration Efficiency: Coordination methods involve regular communication between production, engineering, and sales teams to ensure alignment on product specifications and customer requirements. Communication systems often include integrated software platforms that facilitate real-time updates and collaboration across departments.

Resource Utilization: Resource management practices focus on optimizing the use of materials and minimizing waste during production. Optimization approaches may involve implementing just-in-time inventory systems and continuous improvement initiatives to enhance overall efficiency, adhering to industry standards for sustainable manufacturing.

Value Chain Summary

Key Value Drivers: Primary sources of value creation include the precision and reliability of measuring devices, strong supplier relationships, and effective customer service. Critical success factors involve maintaining high-quality standards and adapting to technological advancements in measurement technology.

Competitive Position: Sources of competitive advantage include the ability to innovate and provide customized solutions for specific industry needs. Industry positioning is influenced by the reputation for quality and reliability, impacting market dynamics and customer loyalty.

Challenges & Opportunities: Current industry challenges include rapid technological changes and increasing competition from low-cost manufacturers. Future trends may involve the growing demand for smart measuring devices that integrate with IoT systems, presenting opportunities for manufacturers to expand their product offerings and enhance their market presence.

A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Tank Measuring Devices (Manufacturing) industry within the US market. This section provides insights into current conditions, strategic interactions, and future growth potential.

Strengths

Industry Infrastructure and Resources: The industry benefits from a robust infrastructure that includes specialized manufacturing facilities equipped with advanced machinery and technology. This strong foundation supports efficient production processes and enhances the ability to meet diverse customer demands across various sectors.

Technological Capabilities: Technological advancements in measurement and control systems provide significant advantages. The industry is characterized by a strong level of innovation, with many companies holding patents for unique measuring technologies that improve accuracy and reliability, ensuring competitiveness in the market.

Market Position: The industry holds a strong position within the broader manufacturing sector, with a notable market share in the oil and gas, chemical, and water treatment industries. Established brand recognition and a reputation for quality contribute to its competitive strength, although there is ongoing pressure from emerging technologies.

Financial Health: Financial performance across the industry is generally strong, with many companies reporting healthy profit margins and stable revenue growth. The financial health is supported by consistent demand for tank measuring devices, although fluctuations in raw material prices can impact profitability.

Supply Chain Advantages: The industry enjoys robust supply chain networks that facilitate efficient procurement of raw materials and components. Strong relationships with suppliers and distributors enhance operational efficiency, allowing for timely delivery of products to market and reducing costs.

Workforce Expertise: The labor force in this industry is skilled and knowledgeable, with many workers having specialized training in engineering and manufacturing processes. This expertise contributes to high product standards and operational efficiency, although there is a need for ongoing training to keep pace with technological advancements.

Weaknesses

Structural Inefficiencies: Some companies face structural inefficiencies due to outdated manufacturing processes or inadequate facility layouts, leading to increased operational costs. These inefficiencies can hinder competitiveness, particularly when compared to more modernized operations.

Cost Structures: The industry grapples with rising costs associated with raw materials, labor, and compliance with industry standards. These cost pressures can squeeze profit margins, necessitating careful management of pricing strategies and operational efficiencies.

Technology Gaps: While some companies are technologically advanced, others lag in adopting new manufacturing technologies. This gap can result in lower productivity and higher operational costs, impacting overall competitiveness in the market.

Resource Limitations: The industry is vulnerable to fluctuations in the availability of raw materials, particularly due to supply chain disruptions. These resource limitations can disrupt production schedules and impact product availability.

Regulatory Compliance Issues: Navigating the complex landscape of industry regulations poses challenges for many companies. Compliance costs can be significant, and failure to meet regulatory standards can lead to penalties and reputational damage.

Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Companies may face difficulties in gaining distribution agreements or meeting local regulatory requirements, limiting growth opportunities.

Opportunities

Market Growth Potential: There is significant potential for market growth driven by increasing demand for accurate measurement solutions in various industries. The trend towards automation and smart technologies presents opportunities for companies to expand their offerings and capture new market segments.

Emerging Technologies: Advancements in sensor technologies and data analytics offer opportunities for enhancing product functionality and performance. These technologies can lead to increased efficiency and reduced operational costs, providing a competitive edge.

Economic Trends: Favorable economic conditions, including rising industrial production and investment in infrastructure, support growth in the tank measuring devices market. As industries prioritize efficiency and accuracy, demand for these devices is expected to rise.

Regulatory Changes: Potential regulatory changes aimed at improving safety and environmental standards could benefit the industry. Companies that adapt to these changes by enhancing product features may gain a competitive edge.

Consumer Behavior Shifts: Shifts in consumer preferences towards more reliable and efficient measurement solutions create opportunities for growth. Companies that align their product offerings with these trends can attract a broader customer base and enhance brand loyalty.

Threats

Competitive Pressures: Intense competition from both domestic and international players poses a significant threat to market share. Companies must continuously innovate and differentiate their products to maintain a competitive edge in a crowded marketplace.

Economic Uncertainties: Economic fluctuations, including inflation and changes in industrial spending habits, can impact demand for tank measuring devices. Companies must remain agile to adapt to these uncertainties and mitigate potential impacts on sales.

Regulatory Challenges: The potential for stricter regulations regarding safety and environmental compliance can pose challenges for the industry. Companies must invest in compliance measures to avoid penalties and ensure product safety.

Technological Disruption: Emerging technologies in alternative measurement solutions could disrupt the market for traditional tank measuring devices. Companies need to monitor these trends closely and innovate to stay relevant.

Environmental Concerns: Increasing scrutiny on environmental sustainability practices poses challenges for the industry. Companies must adopt sustainable practices to meet consumer expectations and regulatory requirements.

SWOT Summary

Strategic Position: The industry currently enjoys a strong market position, bolstered by robust demand for tank measuring devices across various sectors. However, challenges such as rising costs and competitive pressures necessitate strategic innovation and adaptation to maintain growth. The future trajectory appears promising, with opportunities for expansion into new markets and product lines, provided that companies can navigate the complexities of regulatory compliance and supply chain management.

Key Interactions

Growth Potential: The growth prospects for the industry are robust, driven by increasing demand for accurate measurement solutions in various sectors. Key growth drivers include the rising popularity of automation technologies, advancements in sensor technologies, and favorable economic conditions. Market expansion opportunities exist in both domestic and international markets, particularly as industries seek to improve operational efficiency. However, challenges such as resource limitations and regulatory compliance must be addressed to fully realize this potential. The timeline for growth realization is projected over the next five to ten years, contingent on successful adaptation to market trends and consumer preferences.

Risk Assessment: The overall risk level for the industry is moderate, with key risk factors including economic uncertainties, competitive pressures, and supply chain vulnerabilities. Industry players must be vigilant in monitoring external threats, such as changes in consumer behavior and regulatory landscapes. Effective risk management strategies, including diversification of suppliers and investment in technology, can mitigate potential impacts. Long-term risk management approaches should focus on sustainability and adaptability to changing market conditions. The timeline for risk evolution is ongoing, necessitating proactive measures to safeguard against emerging threats.

Strategic Recommendations

An exploration of how geographic and site-specific factors impact the operations of the Tank Measuring Devices (Manufacturing) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.

Location: Manufacturing operations are concentrated in regions with a high density of industrial activity, such as Texas and California, where proximity to oil and gas sectors enhances demand for tank measuring devices. These areas benefit from established supply chains and a skilled workforce, facilitating efficient production and distribution. Additionally, locations near major transportation hubs allow for easier shipping of finished products to various industries, including chemical and food processing, which rely on accurate measurement devices.

Topography: The manufacturing of tank measuring devices requires flat, accessible land to accommodate large production facilities and storage areas for raw materials and finished products. Regions with minimal elevation changes, such as the Gulf Coast, provide ideal conditions for construction and logistics. However, areas with challenging terrain may require additional investment in infrastructure to ensure efficient operations, including access roads and drainage systems to manage runoff from manufacturing processes.

Climate: Manufacturing activities are influenced by climate conditions that affect operational efficiency. For instance, regions with extreme temperatures may necessitate climate control systems within production facilities to maintain equipment functionality and product integrity. Seasonal variations can impact production schedules, particularly in areas prone to severe weather events, which may disrupt supply chains and logistics. Manufacturers must also consider climate resilience in their facility designs to mitigate potential disruptions.

Vegetation: Vegetation management is crucial for manufacturing facilities to comply with environmental regulations and maintain operational efficiency. Facilities often need to clear vegetation around production areas to prevent contamination and ensure safety. Additionally, local ecosystems may impose restrictions on land use, requiring manufacturers to implement sustainable practices that minimize environmental impact. Effective vegetation management strategies can also enhance facility security and reduce pest-related issues.

Zoning and Land Use: Manufacturing operations must adhere to local zoning regulations that designate areas for industrial use, ensuring compatibility with surrounding land uses. Specific permits are often required for the installation of equipment and for compliance with environmental standards, particularly concerning emissions and waste management. Regional variations in zoning laws can affect facility expansion plans, necessitating careful navigation of local regulations to avoid delays in production capabilities.

Infrastructure: Robust infrastructure is essential for the manufacturing of tank measuring devices, including reliable transportation networks for the distribution of raw materials and finished products. Facilities require access to utilities such as electricity and water, which are critical for production processes. Additionally, communication infrastructure must support operational technologies, including automated systems for inventory management and production monitoring, ensuring seamless integration of manufacturing operations.

Cultural and Historical: The manufacturing sector for tank measuring devices has historical roots in regions with significant industrial activity, leading to a skilled labor pool familiar with the specific requirements of this industry. Community acceptance of manufacturing operations can vary, influenced by historical interactions and the perceived economic benefits. Manufacturers often engage with local communities to address concerns and promote the importance of their operations in supporting various industries, fostering a positive relationship with stakeholders.

A detailed overview of the Tank Measuring Devices (Manufacturing) industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.

Market Overview

Market Size: Medium

Description: This industry specializes in the production of devices designed to measure the level, volume, and other variables of liquids and gases stored in tanks. Manufacturing processes include the assembly of sensors, gauges, and electronic components tailored for various applications across multiple sectors.

Market Stage: Growth. The industry is experiencing growth driven by increasing demand for accurate measurement solutions in sectors such as oil and gas, chemicals, and water treatment, with technological advancements enhancing product capabilities.

Geographic Distribution: National. Manufacturing facilities are distributed across the United States, with concentrations in industrial regions such as Texas, California, and the Midwest, where demand for tank measuring devices is highest due to the presence of oil, chemical, and water treatment industries.

Characteristics

Market Structure

Market Concentration: Fragmented. The market consists of numerous small to medium-sized manufacturers, with a few larger players dominating specific segments. This fragmentation allows for niche specialization and innovation in product offerings.

Segments

Distribution Channels

Success Factors

Demand Analysis

Demand Drivers

Competitive Landscape

Entry Barriers

Business Models

Operating Environment