Surety Market Key Players and Forecast by 2027
- Status : Published
- Report Code : TIPAR00002849
- Category : Banking, Financial Services, and Insurance
- No. of Pages : 134
- Available Report Formats :
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Contractbonds protects the owners in case a contractor backs out after winning a bid after the contractor wins a bid accepts to work on the project bid bond is replaced by a performance bond. The erformance surety bond protects the owner if the work done by the contractor is not according to the terms in the contract. The contract bond captures a significant share of the surety market and is growing continuously due to rapid increase in construction activities in various regions like APAC, Europe, and MEA. The contract surety bonds are replacing other guarantee methods like bank guarantees and pay on demand services.
Ageing power generation and distribution infrastructure are becoming a key biggest challenges for utilities in developed countries. For instance, in the U.S., the power grid is believed to be valued an estimated US $876 Bn, renovating infrastructure would cost hundreds of US$ Bn, as per the U.S Department of Energy. Furthermore, certain countries in the European region are citing the same issues.Upgrading generation, as well as transmission facilities in these countries, would draw significant investments hence, the Surety market is expected to bolster.
The surety market penetration rates in North America region is higher than any other markets across the globe. This is attributed to most of U.S. State governments’ laws that mandate surety bonds. Both the U.S. and Canada surety markets are ruled by insurers, and banks play only a minor role.
1. INTRODUCTION
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. key takeaways
3. Surety market landscape
3.1 market overview
3.2 market segmentation
3.2.1 Global Surety Market – By Bond Type
3.2.2 Global Surety Market – By Geography
3.3 pest analysis
3.3.1 North America PEST Analysis
3.3.2 Europe PEST Analysis
3.3.3 Asia Pacific PEST Analysis
3.3.4 Middle East and Africa PEST Analysis
3.3.5 South America PEST Analysis
4. Surety market – key industry dynamics
4.1 key market drivers
4.1.1 Ageing infrastructure of developed economies creating a need for massive investments in its restoration
4.1.2 Global acceptance of Public Private Partnership Model anticipated to drive the Surety market growth
4.2 Key market restraints
4.2.1 Shortage of properly trained underwriter in the Surety Industry
4.3 key market opportunities
4.3.1 Rising need for innovative insurance solutions to offer prosperous opportunity to Surety market
4.4 Future trends
4.4.1 Adoption of Surety bond by diverse end-use industries
4.5 impact analysis of Drivers and restraints
5. Surety – global market analysis
5.1 Global Surety Market Overview
5.2 Global surety market Forecast and Analysis
6. surety market revenue and forecasts to 2027 – bond type
6.1 Overview
6.2 Global surety Market Breakdown, By bond type, 2019 & 2027
6.3 contract surety bond
6.3.1 Overview
6.3.2 Contract Surety Bond Market Forecasts and Analysis
6.4 commercial surety bond
6.4.1 Overview
6.4.2 Commercial Surety Bond Market Forecasts and Analysis
6.5 fidelity surety bond
6.5.1 Overview
6.5.2 Fidelity Surety Bond Market Forecasts and Analysis
6.6 court surety bond
6.6.1 Overview
6.6.2 Court Surety Bond Market Forecasts and Analysis
7. Global surety market – Geographical ANalysis
7.1 Overview
7.2 North America Surety Market Revenue and Forecasts to 2027
7.2.1 North America Surety Market Revenue and Forecasts to 2027 (US$ Million)
7.2.2 North America Surety Market, by Bond Type
7.2.3 North America Surety Market Breakdown, by Key Countries
7.2.3.1 U.S. Surety Market Revenue and Forecasts to 2027 (US$ MILLION)
7.2.3.1.1 US Surety Market, by Bond Type
7.2.3.2 Canada Surety Market Revenue and Forecasts to 2027 (US$ Million)
7.2.3.2.1 Canada Surety Market, by Bond Type
7.2.3.3 Mexico Surety Market Revenue and Forecasts to 2027 (US$ Million)
7.2.3.3.1 Mexico Surety Market, by Bond Type
7.3 Europe surety Market Revenue and Forecasts to 2027
7.3.1 Overview
7.3.2 Europe Surety Market, by Bond Type
7.3.3 Europe Surety Market Breakdown by Key Countries
7.3.3.1 UK Surety Market Revenue and Forecasts to 2027 (US$ Million)
7.3.3.1.1 UK Surety Market, by Bond Type
7.3.3.2 Germany Surety Market Revenue and Forecast to 2027 (US$ Million)
7.3.3.2.1 Germany Surety Market, by Bond Type
7.3.3.3 France Surety Market Revenue and Forecast to 2027 (US$ Million)
7.3.3.3.1 France Surety Market, by Bond Type
7.3.3.4 Spain Surety Market Revenue and Forecast to 2027 (US$ Million)
7.3.3.4.1 Spain Surety Market, by Bond Type
7.3.3.5 Italy Surety Market Revenue and Forecast to 2027 (US$ Million)
7.3.3.5.1 Italy Surety Market, by Bond Type
7.3.3.6 Rest of Europe Surety Market Revenue and Forecast to 2027 (US$ Million)
7.3.3.6.1 Rest of Europe Surety Market, by Bond Type
7.4 asia-pacific surety Market REVENUE AND FORECASTS TO 2027
7.4.1 Overview
7.4.2 APAC Surety Market, by Bond Type
7.4.3 Asia-Pacific Surety Market Breakdown by Key Countries
7.4.3.1 South Korea Surety Market Revenue and Forecasts to 2027 (US$ Million)
7.4.3.1.1 South Korea Surety Market, by Bond Type
7.4.3.2 China Surety Market Revenue and Forecast to 2027 (US$ Million)
7.4.3.2.1 China Surety Market, by Bond Type
7.4.3.3 Australia Surety Market Revenue and Forecast to 2027 (US$ Million)
7.4.3.3.1 Australia Surety Market, by Bond Type
7.4.3.4 India Surety Market Revenue and Forecast to 2027 (US$ Million)
7.4.3.4.1 India Surety Market, by Bond Type
7.4.3.5 Japan Surety Market Revenue and Forecast to 2027 (US$ Million)
7.4.3.5.1 Japan Surety Market, by Bond Type
7.4.3.6 Rest of APAC Surety Market Revenue and Forecast to 2027 (US$ Million)
7.4.3.6.1 Rest of APAC Surety Market, by Bond Type
7.5 mea surety Market REVENUE AND FORECASTS TO 2027
7.5.1 Overview
7.5.2 MEA Surety Market, by Bond Type
7.5.3 MEA Surety Market Breakdown by Key Countries
7.5.3.1 Saudi Arabia Surety Market Revenue and Forecasts to 2027 (US$ Million)
7.5.3.1.1 Saudi Arabia Surety Market, by Bond Type
7.5.3.2 UAE Surety Market Revenue and Forecast to 2027 (US$ Million)
7.5.3.2.1 UAE Surety Market, by Bond Type
7.5.3.3 South Africa Surety Market Revenue and Forecast to 2027 (US$ Million)
7.5.3.3.1 South Africa Surety Market, by Bond Type
7.5.3.4 Rest of MEA Surety market Revenue and Forecasts to 2027 (US$ Million)
7.5.3.4.1 Rest of MEA Surety Market, by Bond Type
7.6 South america surety Market Revenue and Forecasts to 2027
7.6.1 Overview
7.6.2 SAM Surety Market, by Bond Type
7.6.3 SAM Surety Market Breakdown by Key Countries
7.6.3.1 Brazil Surety Market Revenue and Forecasts to 2027 (US$ Million)
7.6.3.1.1 Brazil Surety Market, by Bond Type
7.6.3.2 Rest of SAM Surety Market Revenue and Forecasts to 2027 (US$ Million)
7.6.3.2.1 Rest of SAM Surety Market, by Bond Type
8. Impact of COVID-19 Outbreak
8.1 Impact of COVID-19 Pandemic on Global Surety Market
8.1.1 North America: Impact Assessment of COVID-19 Pandemic
8.1.2 Europe: Impact Assessment of COVID-19 Pandemic
8.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
8.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
8.1.5 South America: Impact Assessment of COVID-19 Pandemic
9. Industry Landscape
9.1 Market Initiative
9.2 Merger and Acquisition
10. Competitive Landscape
10.1 Competitive Service Mapping
10.2 Market Positioning – Global Top 5 Players Ranking
11. Surety Market, Key Company Profiles
11.1 Crum & Forster
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 CNA FINANCIAL CORPORATION
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.2.5 Key Developments
11.3 American Financial Group, Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 The Travelers Indemnity Company
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 Liberty Mutual Insurance Company
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 The Hartford
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.6.5 Key Developments
11.7 HCC Insurance Holdings, Inc. (Tokio Marine & Nichido Fire Insurance Co., Ltd.)
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 SWOT Analysis
11.7.5 Key Developments
11.8 Chubb
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 SWOT Analysis
11.8.5 Key Developments
11.9 AmTrust Financial Services
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 SWOT Analysis
11.9.5 Key Developments
11.10 IFIC Security Group
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Overview
11.10.4 SWOT Analysis
11.10.5 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
12.3 Methodology
12.3.1 COVERAGE
12.3.2 Secondary Research
12.3.3 Primary Research
LIST OF TABLES
TABLE 1. Global surety Market Revenue and Forecasts to 2027 (US$ MILLION)
TABLE 2. global Surety Market Revenue and Forecasts to 2027 – By regions (US$ Million)
TABLE 3. North America SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 4. US Surety Market, by bond type –Revenue and Forecast to 2027 (US$ Million)
TABLE 5. Canada Surety Market, by bond type –Revenue and Forecast to 2027 (US$ Million)
TABLE 6. Mexico Surety Market, by bond type –Revenue and Forecast to 2027 (US$ Million)
TABLE 7. Europe SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 8. UK SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 9. GERMany SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 10. France SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 11. SPain SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 12. ITALY SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 13. rest of europe SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 14. APAC SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 15. South korea SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 16. china SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 17. Australia SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 18. India SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 19. Japan SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 20. REST OF APAC SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 21. MEA SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 22. Saudi Arabia SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 23. UAE SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 24. South africa SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 25. REst of MEa SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 26. sam SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 27. BRAzil SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 28. Rest of SAM SURety Market, by bond type – Revenue and Forecast to 2027 (US$ Million)
TABLE 29. Glossary of terms, Surety market
LIST OF FIGURES
FIGURE 1. Surety market Overview
FIGURE 2. Surety Market, by Bond type
FIGURE 3. Surety market segmentation
FIGURE 4. north america – pest analysis
FIGURE 5. europe – pest analysis
FIGURE 6. asia pacific – pest analysis
FIGURE 7. middle east and africa – pest analysis
FIGURE 8. SOUTH AMERICA – pest analysis
FIGURE 9. Surety Market Impact Analysis of Driver and Restraints
FIGURE 10. Global surety Market
FIGURE 11. Global Surety Market Forecast and Analysis, (US$ Million)
FIGURE 12. surety Market Breakdown, By bond type, 2019 & 2027 (%)
FIGURE 13. contract surety bond Market Revenue and Forecasts to 2027 (US$ MIllion)
FIGURE 14. Global commercial surety bond Market Revenue and Forecasts to 2027 (US$ MIllion)
FIGURE 15. Fidelity Surety BOnd Market Revenue and Forecasts to 2027 (US$ MIllion)
FIGURE 16. court surety bond Market Revenue and Forecasts to 2027 (US$ MIllion)
FIGURE 17. Surety Market, Global Breakdown by Geography, 2019 & 2027 (%)
FIGURE 18. North America surety Market Revenue and Forecasts to 2027 (US$ Million)
FIGURE 19. North America Surety Market Revenue Share, by Bond type, (2019 and 2027)
FIGURE 20. North America surety Market Breakdown by Key Countries, 2019 & 2027(%)
FIGURE 21. U.S. surety Market Revenue and Forecasts to 2027 (US$ MILLION)
FIGURE 22. Canada Surety Market Revenue and Forecasts to 2027 (US$ MILLION)
FIGURE 23. Mexico Surety Market Revenue and Forecasts to 2027 (US$ MILLION)
FIGURE 24. europe SURETY Market REVENUE AND FORECASTS TO 2027 (US$ Million)
FIGURE 25. Europe Surety Market Revenue Share, by Bond type, (2019 and 2027)
FIGURE 26. europe SURETY Market Breakdown by Key Countries, 2019 & 2027 (%)
FIGURE 27. uk SURETY Market REVENUE AND FORECASTS TO 2027 (US$ Million)
FIGURE 28. germany SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 29. france SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 30. spain SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 31. italy SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 32. rest of europe SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 33. asia-pacific SURETY Market REVENUE AND FORECASTS TO 2027 (US$ million)
FIGURE 34. APAC Surety Market Revenue Share, by Bond type, (2019 and 2027)
FIGURE 35. asia-pacific SURETY Market Breakdown by Key Countries, 2019 & 2027 (%)
FIGURE 36. south korea SURETY Market REVENUE AND FORECASTS TO 2027 (US$ Million)
FIGURE 37. china SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 38. Australia SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 39. India SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 40. japan SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 41. Rest of apac SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 42. mea SURETY Market REVENUE AND FORECASTS TO 2027 (US$ million)
FIGURE 43. MEA Surety Market Revenue Share, by Bond type, (2019 and 2027)
FIGURE 44. MEA SURETY Market Breakdown by Key Countries, 2019 & 2027 (%)
FIGURE 45. saudi arabia SURETY Market REVENUE AND FORECASTS TO 2027 (US$ Million)
FIGURE 46. uae SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 47. South Africa SURETY Market REVENUE AND FORECASTS TO 2027 (US$ MILLION)
FIGURE 48. Rest of MEA Surety market Revenue and Forecasts to 2027 (US$ Million)
FIGURE 49. SAM Surety Market Revenue and Forecasts to 2027 (US$ Million)
FIGURE 50. SAM Surety Market Revenue Share, by Bond type, (2019 and 2027)
FIGURE 51. SAM Surety MARKET Breakdown by Key Countries, 2017 & 2027(%)
FIGURE 52. Brazil surety Market Revenue and Forecasts to 2027 (US$ million)
FIGURE 53. Rest of SAM Surety Market Revenue and Forecasts to 2027 (US$ million)
FIGURE 54. Impact of COVID-19 Pandemic in North American Country Markets
FIGURE 55. Impact of COVID-19 Pandemic in Europe Country Markets
FIGURE 56. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
FIGURE 57. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
FIGURE 58. Impact of COVID-19 Pandemic In South America Country Markets
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