Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-179-000"

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"en.20110607.19.2-179-000"2
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"I voted in favour of this report. On 14 June 2010, the Commission published its Action Plan on Global Navigation Satellite Systems (GNSS), which included 24 specific recommendations for action. The background to the action plan is the general deployment of global satellite navigation systems and, specifically, the development and deployment of EGNOS (European Geostationary Navigation Overlay Service), the forerunner of the Galileo system. The sector as a whole has experienced enormous expansion since the first provision of GPS services from American satellite facilities in 2000. The estimated global market value in 2008 was EUR 124 billion, and it is projected to reach EUR 230 billion by 2025. Of this, 20% is represented by Intelligent Transport Systems (ITS) and 5% by safety applications, including transport safety applications. The EU launched the EGNOS project (and Galileo) to provide signals guaranteed for civilian use and to ensure that European industry at all levels has an opportunity to compete in this growing strategic market. Europe’s current market share of 25% is below expectations. EGNOS is GPS compatible but it will offer more possibilities when Galileo becomes operational in 2013. EGNOS is 10 times more accurate than GPS."@en1
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