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The global Autonomous Vehicles market expected to reach $65.3 billion by 2027

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Market research future published a research report on Autonomous Vehicles market. The global market for Autonomous Vehicles market is expected to grow over the CAGR of 26.2% during the period 2016 to 2027 from USD 3.6 billion in 2015.

Market Highlights

The global autonomous vehicles market has been evaluated as growing market and expected that the market will touch high growth figures. Since the technology has arrived in the automotive industry, many players are concentrating on developing a car which can be self-driven without any human command. Heavy investment in R&D and strategic collaboration is driving the market of autonomous vehicle with CAGR of 26.2%

Key Players for Autonomous Vehicles Market

Some of the key players in this market are:

• Google (U.S.),

• General Motors (U.S.),

• Volkswagen (Germany),

• BMW (Germany),

• Ford Motor Company (U.S.),

• Baidu (China),

• Toyota (Japan),

• Tesla (U.S.),

• Audi (Germany),

• Jaguar (U.K.).

Intended Audience

• Car Manufacturers

• Technology Providers

• Car Component Manufactures

• Sensor Manufactures

• Software Developers

• OEMs in automotive Industry

“Analysis also includes consumption. Import and export data for Regions North America, Europe, China, Japan, Southeast Asia, India.”

Key Finding

• The global Autonomous Vehicles market and is expected to reach $65.3 billion by 2027.

• Radar Sensors are expected to be the fastest growing market with high CAGR of 29.2% between 2016 and 2027.

• Regionally, North America holds the largest market share 39.08% of global Autonomous Vehicles market and is expected to reach $24.40 billion by 2027 from $1.42 billion in 2015.

• Asia Pacific market is expected to be the fastest growing market, and expected to grow at a CAGR of 29.02% from 2016 to 2027

Autonomous Vehicles Market

There are various changes which are taking place in the automotive industry and companies are trying hard in order to gain high market share as well as increase in profit by deployment of advance technologies in the automotive sector. Autonomous vehicle is one of the concept which has emerged decades ago but now coming into picture. These vehicles are equipped with high class technology and sense the environment for safe and secure ride. Driverless cars are capable of taking you from one place to another without any input of yours. They can find the best route, give the ride information, can pick up you at time and can park itself. As the technology is growing and companies are making several attempts to make this reality, it is expected that these cars will hit the road by the end year 2020.

Market Research Analysis

Autonomous vehicles or driverless cars could be a revolutionary product for the automotive industry. Need of change is what makes the industry sustain and run and with the advancement of technology, people do expect some revolutionary product. Autonomous vehicles could change the whole automotive industry and can make the life of a person easier. Aging population, increase accident rate around the world and increasing consumption of passenger and commercial vehicles are some key drivers for the market of autonomous vehicles. Market Research Future has estimated that the market size of autonomous vehicle market will reach to US $65.3 billion by the end of forecasted period from US $3.6 billion in 2015 with CAGR of 26.2%.

Info: Full Report with In-depth TOC

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Human Rights

Discover the new Right to education handbook

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photo: UNESCO

Education is a fundamental human right of every woman, man and child. However, millions are still deprived of educational opportunities every day, many as a result of social, cultural and economic factors.

UNESCO and the Right to Education Initiative (RTE) recently released the Right to education handbook, a key tool for those seeking to understand and advance that right. It is also an important reference for people working towards achieving Sustainable Development Goal 4 by offering guidance on how to leverage legal commitment to the right to education. 

Why is this handbook important?

The aim of this handbook is to make sure that everyone enjoys their right to education. Its objective is not to present the right to education as an abstract, conceptual, or purely legal concept, but rather to be action-oriented. It provides practical guidance on how to implement and monitor the right to education along with recommendations to overcome persistent barriers. It seeks to do this by:

  • Increasing awareness and knowledge of the right to education. This includes the normative angle of the right to education, states’ legal obligations, the various sources of law, what states must do to implement it, how to monitor it, and how to increase accountability.
  • Providing a summary of current debates and issues regarding education and what human rights law says about them, including on forced migration, education in emergencies, the privatization of education, and the challenge of reaching the most marginalized.
  • Providing an overview of the UN landscape and its mechanisms, including a clear understanding of the role of UNESCO and more generally the United Nations, as well as all relevant actors in education, particularly civil society.  

Who should use this handbook?

The handbook was developed to assist all stakeholders who have a crucial role to play in the promotion and implementation of the right to education. This includes:

  • State officials, to ensure that education policies and practices are better aligned with human rights.
  • Civil servants, policy-makers, ministers, and the ministry of education staff, officials working in ministries and departments of justice, development, finance, and statistics, as well as National Human Rights Institutions.
  • Parliamentarians, their researchers and members of staff will find this handbook useful in evaluating and formulating education, human rights, and development legislation, and in implementing international human rights commitments to national law.
  • Judges, magistrates, clerks, and lawyers and other judicial officials can use the material to explain the legal obligations of the state and how to apply them.
  • Civil society including NGOs, development organizations, academics, researchers, teachers and journalists will benefit from this handbook as it includes guidance on how to incorporate the right to education in programmatic, research, and advocacy work.

Those who work for inter-governmental organizations, including at key UN agencies, will find this handbook useful in carrying out the mandate of their organizations. Private actors, multilateral and bilateral donors, and investors can use this handbook to ensure their involvement complies with human rights and that they understand and can apply their specific responsibilities.

How to use this handbook?

The handbook was designed to be accessible. Each chapter starts with the key questions addressed in the chapter and ends with a short summary consisting of key points and ‘ask yourself’ questions, designed to make the reader think deeper about issues raised in the chapter or to encourage people find out more about the situation in their own country.

For more than 70 years, UNESCO has been defending and advancing the right to education, which lies at the heart of its mandate. It recently ran a digital campaign on the #RightToEducation to mark the 70th anniversary of the Universal Declaration of Human Rights.

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Energy News

IEA launches World Energy Outlook in China

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Mr Li Ye, Executive Director General of China’s National Energy Agency speaks at the launch of the World Energy Outlook in China (Photograph: IEA)

IEA Chief Modeller Laura Cozzi launched the latest World Energy Outlook in Beijing on 23 January. The China launch brought together over 120 officials and experts drawn from government, academia and the power industry to discuss the latest global energy trends, and the outlook for the electricity.

During his opening remarks, Li Ye, Executive Director General of China’s National Energy Agency noted the strong IEA-China relationship that has delivered key results across a range of important areas of reform for China including: power market reform, distributed energy, renewables and gas market design.

At the IEA Ministerial meeting in 2015, China became one of the first countries to activate Association status with the Agency. Since then the IEA and China have been working closely together to achieve energy reform in China. In 2017, the IEA and China agreed a Three Year Work programme to boost energy policy analysis, promote clean energy systems, build capacity on energy regulation, and improve exchange of data on renewable energy and other resources.  The launch in Beijing was organised by the China Electricity Power Planning and Engineering Institute, which hosts IEA’s China Liaison Office.

The IEA’s work with China includes collaboration to draw upon best international practice in carbon emissions trading, and power market reforms that enables renewable energy to make a greater contribution to electricity supply. Work is ongoing with Chinese counterparts as the new Five Year Plan, and longer-term plans, are put in place to accelerate China’s clean energy transition.  The IEA will launch its latest work on China’s Power System Reform in Beijing on 25 February.

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Environment

UNIDO to pilot Better Cotton Initiative in Egypt towards sustainable cotton production

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photo: UNIDO

The United Nations Industrial Development Organization (UNIDO), under the framework of The Egyptian Cotton Project, launched the Better Cotton Initiative (BCI) pilot in the country to support the Egyptian Cotton branding as part of a renewed drive to increase product sustainability, improve working conditions along the supply chain, and support cotton growers and relevant institutions in paving the way towards the pilot’s national upscaling.

“The project’s vision is to pilot the BCI standard system in Egypt to advance the cotton industry in a way that cares for the environment and the farmers growing it, through a multi-stakeholder programme jointly coordinated by UNIDO, relevant governmental entities, farmers’ cooperatives, cotton and textile associations, and local and international private sector stakeholders,” said The Egyptian Cotton Project’s spokesperson.

The BCI will  strengthen the competitiveness of the Egyptian textile industry in the global market through an holistic approach to sustainable cotton production which covers all three pillars of sustainability: environmental, social and economic. Farmers will receive trainings and those who meet rigorous levels of sustainable production and employee welfare will be granted the BCI standard.

Funded by the Italian Agency for Development Cooperation, the Egyptian Cotton project is implemented by UNIDO in collaboration with the Ministry of Trade and Industry, the Ministry of Agriculture and Land Reclamation as well as with local and international textile private sector stakeholders. It also leverages the “Cottonforlife” CSR initiative by Filmar Group.

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