Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-175-906"

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"This report, drafted by Mrs Ţicău, concerns transport applications of navigation satellite systems for the EU, following the publication of the Commission’s Action Plan on Global Navigation Satellite System (GNSS) Applications on 14 June 2010. This sector has experienced exponential growth since 2000, which saw the first provision of Global Positioning System (GPS) services, going from EUR 124 billion in 2008 to an estimated global market value in the region of EUR 230 billion in 2025. The EU could not afford to fall behind in this satellite navigation technology, so it developed its European Geostationary Navigation Overlay Service (EGNOS), the forerunner of the Galileo system, which it is hoped should be operational in 2013 and will be ten times more accurate than GPS. It is expected that accuracy to 45 centimetres will be possible in the near future. I would congratulate the rapporteur, and I welcome the adoption of this report, which I voted for, as it will allow the EU to increase its market share and enhance Europe’s competitiveness in a strategic and growing market."@en1

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