The adoption of industry 4.0 has given rise to an enormous growth in the number of businesses investing in and expanding the machine vision industry. In 2017, this sector’s market value stood at $7.91 billion, which is prognosticated to reach $12.29 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.61% between 2017 and 2023. The increasing demand for machine vision, especially in the semiconductor and electronic manufacturing sector as well as the automotive industry, makes the machine vision market a highly lucrative one to invest in. That’s why the European Commission-funded matchmaking initiative “Business Beyond Borders” (BBB) will allocate its latest Business to Business (B2B), Cluster to Cluster (C2C) and Business to Cluster (B2C) matchmaking event to VISION 2018 (Stuttgart, Germany, Nov. 6-8) in collaboration with a consortium led by EUROCHAMBRES, the Association of European Chambers of Industry and Commerce; LOW, a Strategic Communication Consultancy; EMECA, the European Major Exhibition Centers Association; and UFI, the Global Association of the Exhibition Industry.
BBB aims to foster the cooperation of small and medium-sized enterprises (SMEs) at the international level, which in turn, opens the way to economic growth both within and outside Europe. "VISION is one of 10 trade fairs in strategically relevant future-oriented sectors in Europe and worldwide at which the BBB program supports participating SMEs in developing their international business. Owing to the high degree of internationalization of trade fairs in Europe, they provide an effective diving springboard, especially for SMEs" explains Barbara Weizsäcker, General Secretary of EMECA and the European Exhibition Industry Alliance.
More than 6000 business interactions have hitherto been established between the EU and non-EU companies thanks to the previous events organized by BBB, in Chile, France, Italy, South Africa, Spain, Australia, India, and Iran, in which over 2300 participants from over 1900 companies gathered together. At VISION 2018, this upcoming international trade fair for machine vision which lays the groundwork for potential business partnerships and international cooperation between the exhibitors and visitors according to their profiles and requirements, more than 450 pioneer exhibitors from 28 countries will get the chance to find their potential business partners among thousands of manufacturers, engineers, and researchers. "It is our aim to involve both European and non-European companies in the matchmaking program, and to facilitate hundreds of meetings on-site,"i says Sara Lanzilotta, team leader for Business Beyond Borders at EUROCHAMBRES.
A number of cutting-edge innovations, along with an overview of technologies closely related to Industry 4.0 and automated processes, will be presented by current and upcoming machine vision technologies at VISION. Some of the main sectors covered by VISION are as follows: automotive and automotive suppliers; electrical engineering and electronics; medical technology pharmaceuticals; machinery and plant engineering; mechanical engineering companies; OEMs; system houses; etc.; all with special focus on configurable machine vision systems, smart cameras, vision sensors, illumination, laser, optics/lenses, optical filters, cameras, specialist literature, security systems, quality inspection, 3D robot vision, and surface inspection of piece parts.
Teledyne DALSA, Sony, Basler, Connect Tech Inc., Neadvance Machine Vision S.A., Baumer, Chroma Technology, Edmund Optics, Matrox Imaging, and SCHOTT AG, are among the exhibitors at VISION, which will showcase their highly specialized products such as smart cameras, optical filters to frame grabbers and measuring systems, barcode identification, color inspection, texture analysis, 3D robot vision, security systems, and more.
There will be numerous events at VISON 2018; Industrial VISION Days 2018, a three-day forum featuring around 80 presentations and the world’s largest lecture forum for machine vision focusing on camera technology, software and deep learning, hyperspectral imaging, vision processing, and inspection applications and target end user; International Vision Night 2018, the 12th Vision Night program, organized by the European Machine Vision Association (EMVA); The 23rd VISION Award, sponsored by industry journal Imaging & Machine Vision; TRAFFIC VISION, enabling specialized exhibitors from the traffic and transportation industries to showcase their machine vision products and host speakers; The Integration Area, a section of the trade fair introducing system integrators and solution providers; IPC 4 VISION, exhibiting industrial PCs (IPCs); and last but not least, specially organized matchmaking areas providing the participants with the opportunities for business exchanges.