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The Tank Level Monitoring System Market is projected to grow by USD 266.8 million from 2024-2028, driven by increasing demand in process industries, Market evolution insights powered by AI – Technavio

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NEW YORK, Aug. 30, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global tank level monitoring system market size is estimated to grow by USD 266.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  5.33%  during the forecast period. Growing demand for tank level monitoring system from process industries is driving market growth, with a trend towards technological advancements in tank level monitoring system. However, high cost associated with tank level monitoring system  poses a challenge. Key market players include ABB Ltd., AMETEK Inc., Automation Products Group Inc., Emerson Electric Co., Endress Hauser Group Services AG, FAFNIR GmbH, Flowline, Inc, Fuji Electric Co. Ltd., Garner Industries LLC, Gems Sensors Inc., Graco Inc., Honeywell International Inc., IVEDA SOLUTIONS, INC., KROHNE Messtechnik GmbH, L and J Technologies, Madison Co., Inc., Omega Engineering Inc., OMNTEC Mfg., Inc., Rochester Sensors, Schneider Electric SE, Siemens AG, Tag IT Technologies, Tek-Trol LLC, Temposonics LLC, VEGA Grieshaber KG, and Yokogawa Electric Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Tank Level Monitoring System Market Scope

Report Coverage

Details

Base year

2023

Historic period

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.33%

Market growth 2024-2028

USD 266.8 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.96

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 34%

Key countries

US, Germany, China, France, Japan, and India

Key companies profiled

ABB Ltd., AMETEK Inc., Automation Products Group Inc., Emerson Electric Co., Endress Hauser Group Services AG, FAFNIR GmbH, Flowline, Inc, Fuji Electric Co. Ltd., Garner Industries LLC, Gems Sensors Inc., Graco Inc., Honeywell International Inc., IVEDA SOLUTIONS, INC., KROHNE Messtechnik GmbH, L and J Technologies, Madison Co., Inc., Omega Engineering Inc., OMNTEC Mfg., Inc., Rochester Sensors, Schneider Electric SE, Siemens AG, Tag IT Technologies, Tek-Trol LLC, Temposonics LLC, VEGA Grieshaber KG, and Yokogawa Electric Corp.

Market Driver

The Tank Level Monitoring System market is growing due to increasing demand for efficient and accurate inventory management in various industries. These systems provide real-time data on liquid levels, preventing overfilling or underfilling, and reducing operational costs. They use sensors and transmit data wirelessly to a central system for monitoring and analysis. Companies are investing in these systems to enhance their supply chain management and improve customer satisfaction. 

The Tank Level Monitoring System market is experiencing significant growth in various industries such as Manufacturing, Oil and gas, Transportation, Power generation, Mining, Chemical plants, Pulp and paper, Steel mills, Glass manufacturing, and more. Companies are investing in advanced tank management solutions, including wireless IoT solutions, ultrasonic transmitters, and radar transmitters, to optimize inventory, improve efficiency, and ensure regulatory compliance. LNG, petrochemical, and mining industries are major adopters of these technologies for fluid level monitoring and static pressure sensing. Industry 4.0 and industrial automation are driving the integration of data analytics, artificial intelligence, and wireless sensor networks into tank monitoring systems. Anomaly detection and inventory optimization are key benefits, while environmental regulations continue to shape market trends.

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Market Challenges

The Tank Level Monitoring System market is growing due to increasing demand for efficient and accurate inventory management in various industries. These systems help businesses monitor liquid levels in real-time, reducing overage and underage issues, and ensuring optimal stock levels. The market is driven by advancements in IoT and wireless technologies, making installation and maintenance easier and more cost-effective. Overall, TLMS solutions provide significant cost savings and operational improvements for businesses.The Tank Level Monitoring System market is witnessing significant growth due to the increasing demand for efficient inventory management and regulatory compliance in various industries. Challenges such as data analytics and artificial intelligence are driving the need for advanced tank management solutions that offer anomaly detection and inventory optimization. Environmental regulations and industrial automation are also major factors pushing the market forward. Industries like mining, power plants, oil and gas, transportation, power generation, mining, chemical plants, pulp and paper, steel mills, glass manufacturing, and LNG are major consumers of tank level monitoring systems. Technologies like ultrasonic sensors, IoT-powered systems, and wireless sensor networks are key enablers for these solutions. Ultrasonic transmitters and radar transmitters are popular sensor types used for fluid level monitoring and static pressure sensing. The market is expected to continue growing with the advent of Industry 4.0 and the increasing adoption of wireless IoT solutions.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This tank level monitoring system market report extensively covers market segmentation by  

Application 1.1 Oil and gas1.2 Chemical industry1.3 Water and wastewater management1.4 Food and beverage1.5 OthersProduct 2.1 Non-invasive systems2.2 Invasive systemsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Oil and gas-  The Tank Level Monitoring System market is growing due to increasing demand for efficient and accurate inventory management in various industries. These systems help businesses monitor liquid levels in real-time, reducing overage and underage issues, and minimizing operational costs. Advanced technologies like IoT and wireless communication enable remote monitoring and timely alerts, enhancing overall productivity and profitability.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Tank Level Monitoring System market encompasses solutions that help industries, including Oil and Gas, Transportation, Power Generation, Mining, Chemical Plants, Pulp and Paper, Steel Mills, and Glass Manufacturing, manage and optimize their liquid storage facilities. These systems leverage technologies like Wireless Sensor Networks, Data Analytics, and Artificial Intelligence (AI) to provide real-time insights into tank levels, detect anomalies, and optimize inventory. In industries with stringent environmental regulations, such as Mining and Power Plants, these systems play a crucial role in ensuring compliance and minimizing losses. Tank Management Solutions offer features like remote monitoring, predictive maintenance, and integration with enterprise resource planning (ERP) systems to streamline operations and enhance efficiency.

Market Research Overview

The Tank Level Monitoring System market encompasses various industries including Manufacturing, Oil and gas, Transportation, Power generation, Mining, Chemical plants, Pulp and paper, Steel mills, Glass manufacturing, and Wireless IoT solutions. These systems play a crucial role in monitoring fluid levels in LNG, Petrochemical, and other applications using Ultrasonic transmitters and Radar transmitters. The integration of Wireless sensor networks, Data analytics, Artificial intelligence (AI), Tank management solutions, Anomaly detection, and Inventory optimization enhances efficiency and accuracy. Environmental regulations and Industrial automation drive the demand for advanced tank level monitoring systems in Industry 4.0. Ultrasonic Sensors, IoT-powered systems, and Fluid Level Monitoring are essential components of these systems, while Static Pressure Sensing ensures accurate level measurement.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationOil And GasChemical IndustryWater And Wastewater ManagementFood And BeverageOthersProductNon-invasive SystemsInvasive SystemsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

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 17,000 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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technology

IdentityIQ Expands Access to Identity Protection and Financial Wellness Tools with New Spanish-Language Experience

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New Spanish-language version brings identity protection, credit monitoring and financial health resources to more than 41 million Spanish-dominant speakers in the U.S.

TEMECULA, Calif., Sept. 1, 2026 /PRNewswire/ — IdentityIQ, a leading provider of identity theft protection, credit monitoring and financial wellness solutions, today announced the launch of new plans now in Spanish, expanding access to comprehensive identity and credit protection to more than 41 million Spanish-dominant speakers in the United States.

The new Spanish-language experience gives consumers the ability to enroll, access their member dashboard and manage their financial health entirely in Spanish. The launch also supports B2B partners serving Spanish-speaking customers with a localized partner experience.

“Financial protection shouldn’t depend on language,” said Rick Eggleton, chief revenue officer for IDIQ, which operates the IdentityIQ brand. “Our Spanish-language offering gives millions of consumers greater access to the tools they need to protect their identity, credit and financial health.”

The Spanish-language plans include IdentityIQ’s most comprehensive suite of identity protection and financial wellness tools, including credit monitoring, dark web monitoring, identity theft alerts, credit score tracking, optional rent and utility payment reporting, credit education and other financial health resources.

The launch addresses a significant gap in the financial services marketplace, where language barriers can limit access to tools that help consumers monitor their credit, detect potential identity theft and build stronger financial profiles.

“This is more than translating a product,” Eggleton said. “It’s about making identity protection and financial wellness easier to understand, easier to access and more relevant to Spanish-speaking consumers.”

The launch reflects IdentityIQ’s broader commitment to making identity protection and financial wellness more accessible to underserved communities. By offering its core services in Spanish, IdentityIQ is helping remove language barriers that can make it more difficult for consumers to understand and actively manage their credit and financial health.

The Spanish-language launch also expands opportunities for IdentityIQ’s B2B partners to provide identity protection and financial wellness benefits to Spanish-speaking customers and employees.

“Everyone should have the opportunity to understand and take control of their financial wellness,” Eggleton said. “Expanding our premium plan in Spanish is an important step toward making that possible for millions of consumers.”

For more information on IdentityIQ’s Spanish-language plans and its comprehensive identity protection, credit monitoring and financial wellness solutions, visit https://www.identityiq.com.

About IdentityIQ

IdentityIQ®, offered by IDIQ®, is a leading provider of identity theft protection, credit monitoring and financial wellness solutions. IdentityIQ helps consumers monitor and protect their identities, credit and personal information through comprehensive monitoring, alerts and recovery support services.

View original content:https://www.prnewswire.com/news-releases/identityiq-expands-access-to-identity-protection-and-financial-wellness-tools-with-new-spanish-language-experience-302866626.html

SOURCE IDIQ

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BKF Appoints Andrew Esposito Chief Financial Officer

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People-focused AEC industry veteran appointed to support strategic growth

OAKLAND, Calif., Sept. 1, 2026 /PRNewswire/ — BKF, the premier AEC firm in the Western United States, today announced the appointment of Andrew Esposito as Chief Financial Officer, a strategic addition to its executive leadership team as the firm continues to invest in growth, expand its market presence, and pursue new opportunities across the region.

A proven financial and operational leader, Esposito brings extensive experience guiding organizations through periods of expansion while maintaining a strong focus on culture, performance, and long-term value creation. As CFO, Esposito will lead BKF’s financial strategy and operations, helping position the firm for its next chapter of growth while supporting the company’s commitment to employees, clients, and strategic partners.

“Andrew brings a rare combination of financial acumen, operational insight, and people-centered leadership to BKF,” said CEO Darren Riegler. “He understands that the most successful organizations are built on a foundation of trust, shared values, and disciplined growth. His experience and perspective will help us continue expanding our impact, strengthening our partnerships, and creating long-term value for our people and our partners.”

Most recently, Esposito served as CFO at WSP USA, where he had end-to-end responsibility for the finance operations of an approximately $8 billion business. During his tenure, he helped scale the finance organization through a threefold increase in revenue and headcount. He also played a senior role in more than a dozen acquisitions and carve-outs totaling approximately $5 billion in transaction value.

“Strong financial performance and strong organizations are built together,” said Esposito. “From the beginning, I was drawn to BKF’s culture, energy, and strong sense of purpose, as well as its reputation for innovation, client focus, and sustained growth. I’m excited to work alongside the leadership team to build on that momentum, support the firm’s long-term success, and help advance our shared vision of becoming the preeminent infrastructure firm in the Western U.S.”

The appointment comes as BKF continues to execute its growth strategy, building on the successful merger with MNS and acquisition of Lotus Water to expand its capabilities and deliver greater value across the full project lifecycle.

About BKF

For more than 110 years, BKF has partnered with public and private clients to plan, design, and deliver infrastructure projects that strengthens communities throughout the Western United States. With more than 800 people across 20 offices, BKF provides planning, engineering, surveying, program and construction management, and consulting services for transportation, water, government, and land development projects.

Our mission is simple: Do great work, grow a thriving business, and delight our clients. We believe great infrastructure starts with strong relationships, collaboration, and a shared vision for building a better future. Together with our clients, BKF tackles the region’s most complex challenges and creates lasting impact in the communities where we work.

For more information, visit bkf.com

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The World Is Invited: Edison Awards Opens Nominations for Its 40th Anniversary Year

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A Global Icon of Innovation Marks Four Decades — And Calls On Innovators Everywhere to Step Forward

FORT MYERS, Fla., Sept. 1, 2026 /PRNewswire-PRWeb/ — Forty years ago, a handful of bold ideas changed how the world lives, works, and moves. Today, the Edison Awards, one of the world’s most recognized names in innovation, throws open its doors for its landmark 40th anniversary, inviting innovators, entrepreneurs, and enterprises on every continent to put their breakthroughs on the world stage.

“We are seeing extraordinary innovation emerge from every region of the world, and our 40th year is a chance to recognize just how far this global community of innovators has brought us and how much further we’ll go together,” said Frank Bonafilia, CEO of the Edison Awards.

Starting September 1, 2026, nominations open for the 2027 Edison Best New Product Awards™. Whether it’s a five-person startup team working out of a garage or a Fortune 500 R&D powerhouse, the invitation is the same: bring the innovation you’re proudest of and let the world see it. Nominations close December 15, 2026, with winners revealed in March 2027.

“Forty years ago, the Edison Awards set out to celebrate the innovators bold enough to reimagine what’s possible and that mission has only grown more urgent, and more global, with every passing year,” said Frank Bonafilia, CEO of the Edison Awards. “This anniversary year is shaping up to be our most exciting yet. We are seeing extraordinary innovation emerge from every region of the world, and our 40th year is a chance to recognize just how far this global community of innovators has brought us and how much further we’ll go together.”

Four Decades of Naming What’s Next

Since 1987, the Edison Awards has celebrated the products and ideas that went on to define entire industries in health, sustainability, mobility, and technology. Forty years in, the program isn’t slowing down: it’s expanding, honoring nominees from startups to global enterprises, from every corner of the map.

Two New Awards Built for a Global Stage

Two new honors join the program: The Global Excellence Award, for the best innovation across five regions North America, Latin America, Europe, Middle East & Africa, and Asia-Pacific and The Innovation at Scale Award, honoring standout innovation from Startup/Emerging (under 10 employees) to Global Enterprise (5,000+ employees).

2027 Award Categories

Commercial Technology, Consumer Solutions, Critical Human Infrastructure, Cultural Impact & Education, Energy & Climate Resiliency, Engineering & Robotics, Health, Medical & Biotech, Lifestyle, Entertainment & Design, Manufacturing & Logistics, Materials Science, Public Safety, Security & Digital Integrity, Software Solutions, Transportation, Aerospace & Flight, and Water, Food & Agriculture.

The Call Is Open — Here’s How to Answer It

Early Bird: September 1 – October 15, 2026. General: October 16 – December 15, 2026.

Eligible products launched January 2025–January 2027, judged on Concept, Value, and Impact.

Be counted among them. Submit your nomination at www.edisonawards.com.

About The Edison Awards: Established in 1987, the Edison Best New Product Awards™ honor excellence in product and service innovation transforming how we live, work, and play. Inspired by Thomas Edison’s legacy, the program recognizes game-changing solutions worldwide, offering global recognition, credibility, and connections that drive growth.

Media Contact

Frank Bonafilia, Edison Awards, 1 7732305744, fbonafilia@edisonawards.com, https://edisonawards.com/

View original content:https://www.prweb.com/releases/the-world-is-invited-edison-awards-opens-nominations-for-its-40th-anniversary-year-302864733.html

SOURCE Edison Awards

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