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NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global sinter plant market size is estimated to grow by USD 1.3 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of over 10.08% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: The Material Handling, Mixing, and Granulation (MHMG) segment of the global sinter plant market is experiencing significant growth due to the decreasing availability of high-grade iron ore and the increasing focus on energy efficiency in blast furnaces. To produce high-quality sinter from low-grade iron ore fines, advanced sinter plants with improved oxygen-removal rates are necessary. This can be achieved by upgrading MHMG systems that enhance the quality of the mixture of iron ore fines, coking coal, and flux fines. Vendors in the global sinter plant market provide solutions that eliminate the need for mixing raw materials at the stockyard by installing proportioning bins that directly pour raw material above the conveyor. India , China , and African countries are investing in new sinter plants or upgrading existing ones to expand capacity or comply with stringent environmental regulations. In India , the steel industry is expanding to meet the rising demand for steel to support infrastructure projects. In China , modernization of steel plants is underway due to stringent environmental regulations. These factors are driving the growth of the MHMG segment in the global sinter plant market. Analyst Review The Sinter Plant Market encompasses various sintering systems, including MHMG System, SCS System, WGR System, and SINTER Machine, which transform metal powder into solid steel components through the sintering process. This process involves heating and compacting the powder to a temperature below the melting point, resulting in materials with improved mechanical qualities such as strength and accuracy. Sintered products find extensive applications in diverse sectors like consumer goods, aerospace, automotive, and more. The market comprises nonflux/acid sinters, self-fluxing sinters, and superflux sinters, catering to the specific requirements of different industries. Steel components made through sintering technology are known for their affordability and high-performance characteristics. The market includes stainless steel, carbon steel, alloy steel, and tool steel, among others. Material science plays a crucial role in enhancing the properties of these materials, making them suitable for applications in sectors like brake systems, lightweighting, and electric vehicles. Powder Metallurgy and Additive Manufacturing (AM) are the key technologies driving innovation in the sinter plant market, enabling the production of complex geometries and high-performance materials. The market continues to evolve, offering solutions that cater to the evolving needs of various industries. Market Overview The Sinter Plants Market encompasses various systems such as MHMG, SCS, WGR, and the SINTER Machine, which are integral to the sintering process in the metallurgical industry. This process transforms steel components from powder form into dense, cohesive structures, suitable for use in consumer goods, aerospace, and other industries. The market snapshot includes nonflux/acid sinters, self-fluxing sinters, and superflux sinters, with stainless steel being a significant segment. The sintering process involves high temperatures and melting points, resulting in materials with superior mechanical qualities. The market caters to various industries, including automotive, manufacturing, and electrical, among others. Sintered steel companies utilize raw materials like iron, steel, tin, nickel, copper, molybdenum, and aluminum to produce high-performance materials and lightweight materials for engines, transmissions, and other applications. The market is driven by rising industrialization, changing requirements, and laws and regulations. Powder metallurgy, additive manufacturing, and conventional manufacturing techniques are shaping the industry, with advancements in materials, such as alloys and complex shape capabilities, leading to increased demand. The transportation and electrical industries are significant consumers, with a focus on lightweighting, durability, and dimensional correctness. Market segments include carbon steel, alloy steel, tool steel, and specialized components for industries like automotive, aerospace, and construction. The market is influenced by factors like environmental concerns, material limitations, manufacturing efficiency, and time-to-market. Sintering technology continues to evolve, with advancements in surface polish, porosity, density, and magnetic properties. In summary, the Sinter Plants Market is a dynamic and evolving sector, driven by advancements in materials, manufacturing techniques, and industrial growth. It caters to various industries, including automotive, aerospace, manufacturing, and electrical, with a focus on high-performance materials, lightweight materials, and customized parts. The market is influenced by factors like environmental concerns, manufacturing efficiency, and changing requirements, with advancements in sintering technology continuing to shape the industry. To understand more about this market- Download a FREE Sample Report in minutes! 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor 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/ View original content to download multimedia: https://www.prnewswire.com/news-releases/sinter-plant-market-to-grow-by-usd-1-3-billion-from-2023-2028--report-on-ais-impact-on-market-trends---technavio-302328794.html SOURCE TechnavioTexas Attorney General Ken Paxton announced on Thursday that his office has begun investigations into over a dozen technology platforms over alleged privacy and safety violations affecting minors. Among the platforms under scrutiny are artificial intelligence chatbot startup Character.AI, along with widely used sites like Reddit, Instagram, and Discord. Paxton's move underscores growing concerns about children's safety in the digital space. According to a Harvard study, U.S. social media platforms earned approximately $11 billion in advertising revenue from users under 18 in 2022. With increasing pressure on tech companies to address these issues, they state that they have implemented measures to safeguard young users. Paxton emphasized the probes would assess compliance with Texas laws designed to protect minors' data privacy. (With inputs from agencies.)
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=29678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. WHAT IS THIS ABOUT: On September 24, 2024, the Las Vegas Review-Journal published an article entitled “Slot manufacturer scores major win against Las Vegas-based rival.” It stated that “Aristocrat Technologies Inc.’s request for a preliminary injunction in its trade-secret and copyright infringement lawsuit against Light & Wonder” had been granted, and that the “order prohibits [Light & Wonder] from the ‘continued or planned sale, leasing, or other commercialization of Dragon Train,’ which Aristocrat claims uses intellectual property developed for its Dragon Link and Lightning Link games.” On this news, the price of Light & Wonder common stock fell 19.49% on September 24, 2024. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.comANALYSIS: Sluggish Spurs show that Angeball just ain't what it used to beWASHINGTON (AP) — A top White House official on Wednesday said at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign. Deputy national security adviser Anne Neuberger offered new details about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that the number of telecommunication firms and countries impacted could still grow. The U.S. believes that the hackers were able to gain access to communications of senior U.S. government officials and prominent political figures through the hack, Neuberger said. “We don’t believe any classified communications has been compromised,” Neuberger added during a call with reporters. She noted that because the hack appeared to be targeting a relatively small group of individuals, only a small number of Americans' phone calls and texts have been compromised. Neuberger added that impacted companies are all responding, but none “have fully removed the Chinese actors from these networks.” “So there is a risk of ongoing compromises to communications until U.S. companies address the cybersecurity gaps the Chinese are likely to maintain their access,” Neuberger said. She said that President Joe Biden has been briefed on the findings and that the White House “has made it a priority for the federal government to do everything it can to get to the bottom this.” The Chinese embassy in Washington on Tuesday rejected the accusations that it was responsible for the hack after the U.S. federal authorities issued new guidance. “The U.S. needs to stop its own cyberattacks against other countries and refrain from using cyber security to smear and slander China,” embassy spokesperson Liu Pengyu said. The embassy did not immediately respond to messages on Wednesday. White House officials believe that the hacking was regionally targeted and the focus was on very senior government officials. Federal authorities confirmed in October that hackers linked to China targeted the phones of then-presidential candidate Donald Trump and his running mate, Sen. JD Vance, along with people associated with Democratic candidate Vice President Kamala Harris. The number of countries impacted by the hack is currently believed to be in the “low, couple dozen,” according to a senior administration official. The official, who spoke on the condition of anonymity under ground rules set by the White House, said they believed the hacks started at least a year or two ago. The suggestions for telecom companies released Tuesday are largely technical in nature, urging encryption, centralization and consistent monitoring to deter cyber intrusions. If implemented, the security precautions could help disrupt the operation, which has been dubbed Salt Typhoon, and make it harder for China or any other nation to mount a similar attack in the future, experts say. Neuberger pointed to efforts that have been made to beef up cybersecurity in the rail, aviation, energy and other sectors following the May 2021 ransomware attack on Colonial Pipeline . “So, to prevent ongoing Salt typhoon type intrusions by China, we believe we need to apply a similar minimum cybersecurity practice,” Neuberger said. The cyberattack by a gang of criminal hackers on the critical U.S. pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, sent ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. Colonial confirmed it paid $4.4 million to the gang of hackers who broke into its computer systems as it scrambled to get the nation's fuel pipeline back online. Associated Press writer David Klepper contributed reporting.