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The global sponge & scouring pads market size was valued USD 4.8 billion in the year 2018. Rising demand for suitable cleaning pads to clean different types of cooking appliances such as heavy and lightly soiled objects is a key driver to boost the market growth. In addition, these pads are more convenient than metal sponges, steel wool, and scrapers owing to excellent performance in terms of cleaning the objects without scratches.
The global sourdough market size was valued at USD 2.4 billion, in 2018. Growing consumers’ inclination towards tastier, healthier and natural products has led to a rise in demand for conventional products. Sourdough is made using fermentation of dough and it is used in different kinds of baked products such as crackers, cake and bread. Growing consumption of sourdough across the world, especially Europe, is expected to bolster its demand.
The global volatile organic compound (VOC) gas sensor market size was accounted for USD 141.7 million, in 2018 and is anticipated to grow at a CAGR of 4% over the forecast period of 2019 to 2025. These sensors basically measure the concentration of various gases in their surroundings like benzene, methylene chloride, acetone, ethanol and ethane. Rising awareness regarding air pollution is one of major drivers of the product. The demand for sensors is projected to rise because of increasing detection of toxic or explosive gases at unharmed distances.
The smart fleet management market size across the globe was valued at USD 291.1 Billion in the year 2016. It is expected to witness growth with 7.7% CAGR over the forecasted years, 2017 to 2025. The surging need for attaining more operational efficiency coupled with the rising awareness about vehicle and passenger safety is expected to drive the market growth. Several rules and regulations are being imposed by statutory governing organizations for developing a secured and reliable transportation network.
The global indoor location-based services (LBS) market was accounted for USD 1.83 billion in 2018. It is anticipated to witness 43.3% CAGR during the forecasted years, 2019 to 2025. The rising demand for connected devices like tablets and mobile phones is projected to boost the market demand in the upcoming years. Also, the surging need for digital promotional activities is expected to drive the market growth during the forecasted period, 2019 to 2025.
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