市場調查報告書
商品編碼
1498545
歐洲擔保市場規模和預測(2021 - 2031)、區域佔有率、趨勢和成長機會分析報告範圍:按債券類型(合約擔保債券和商業擔保債券)、最終用戶(個人和企業)和國家/地區Europe Surety Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Bond Type (Contract Surety Bond and Commercial Surety Bond), End Users (Individuals and Enterprises), and Country |
歐洲擔保市場規模預計將從 2023 年的 41.3 億美元增至 2031 年的 65.3 億美元。
保證金是一種具有法律強制性的協議,可確保履行義務,或在不遵守規定的情況下提供賠償以彌補未履行的義務。這涉及三方:委託人(購買債券並承諾履行義務)、擔保人(發行債券的公司)和債權人(需要債券的實體)。擔保債券是完成特定義務的財務擔保,讓債券持有人對其專業或個人承諾負責。它們透過確保合規性、付款或行為的履行來保護政府、企業和個人免受經濟損失。保證金的主要原則是在承包商違約的情況下確保合約的完成。它們還可以確保政府合約的完成,彌補法律案件造成的損失,或保護公司免受員工不誠實的影響。
歐洲市場最近的趨勢是銀行和擔保公司之間不斷加強合作,以發展分銷並提供風險保障。預計這種合作將為歐洲擔保市場參與者創造繁榮的機會。儘管銀行推動了歐洲地區的擔保市場,但資本監管正在促使銀行與擔保公司分享一些不確定性。這使銀行能夠降低風險並實現更具成本效益的投資組合管理。此外,擔保人還可以幫助銀行加強客戶關係、擴大市場佔有率或進入新的利基市場。此外,與銀行的合作使擔保人能夠接觸到他們原本無法接觸到的客戶和市場。另外,預計關鍵的挑戰來自於開發這些新的市場分佈。與銀行作為容量提供者不同,擔保公司是債券承銷商。這可能會給擔保提供者贏得新客戶帶來挑戰,而新客戶更傾向於容量提供者。儘管擔保提供者提供同等的投資組合,但始終存在逆向選擇的風險。
歐洲擔保市場面臨的另一個主要挑戰是新參與者的進入以及現有參與者的地理擴張,導致競爭加劇。同時,客戶的需求也在不斷成長。因此,能夠滿足這些不斷變化的客戶需求的擔保提供者有望在歐洲擔保市場上維持並有效競爭。
Liberty Mutual Insurance Company、CNA FINANCIAL CORPORATION、Chubb、The Travelers Indemnity Company、Atradius NV、Allianz SE、Arthur J. Gallagher & Co.、Zurich Insurance Company Ltd、Coface 和 Credendo 是歐洲擔保市場的知名參與者。歐洲擔保市場報告強調了推動市場的關鍵因素和知名參與者的發展。
歐洲擔保市場的總體規模是透過主要和次要來源得出的。使用內部和外部來源進行了詳盡的次要研究,以獲得與此相關的定性和定量資訊。該過程還有助於了解歐洲擔保市場所有細分市場的概況。此外,我們還與業界參與者進行了多次初步訪談,以驗證資料並獲得分析見解。該流程包括副總裁、業務開發經理、市場情報經理和國家銷售經理等行業專家,以及專門研究歐洲擔保市場的評估專家、研究分析師和關鍵意見領袖等外部顧問。歐洲擔保市場預測可以幫助該市場的利害關係人規劃其成長策略。
The Europe surety market size is projected to reach US$ 6.53 billion by 2031 from US$ 4.13 billion in 2023. The market is expected to register a CAGR of 5.9% in 2023-2031.
A surety bond is a legally mandatory agreement that ensures the fulfillment of obligations or, in case of non-compliance, provides compensation to cover the unmet obligations. This involves three parties: the principal (who purchases the bond and commits to fulfilling an obligation), the surety (the company issuing the bond), and the obligee (the entity requiring the bond). Surety bonds are a financial guarantee for the completion of specific obligations, holding bondholders accountable for their professional or personal commitments. They protect the government, businesses, and individuals from financial loss by ensuring compliance, payment, or performance of an act. The primary principle of a surety bond is to ensure the completion of contracts in the event of contractor default. They can also guarantee the completion of government contracts, cover losses resulting from legal cases, or safeguard companies from employee dishonesty.
A recent trend in the European market is the growing cooperation between banks and Surety companies to develop distribution and to offer cover for risks. Such cooperation is anticipated to develop prosperous opportunities for the Europe surety market players. Although banks propel the surety market in the European region, capital regulations are driving them to share some of their uncertainties with surety companies. This enables banks to mitigate their risks and achieve more cost-effective portfolio management. Moreover, surety players facilitate banks to enhance their customer relationships and expand their market share or enter new, niche markets. Also, cooperation with banks enables surety players to access clients and markets that were otherwise not reachable to them. Alternatively, the key challenge is expected from developing these new market distributions. Unlike banks being capacity providers, surety companies are bond underwriters. This could bring out a challenge for surety providers in gaining new customers, who are more inclined towards capacity providers. Although surety providers offer an equivalent portfolio, there is always a risk of adverse selection.
Another major challenge prevailing in the European surety market is the entrance of new players as well as the geographical expansion of existing players, resulting in intensifying competition. Simultaneously, the customers' needs are constantly growing. Thus, surety providers who are capable of fulfilling these evolving customers' needs are expected to sustain and compete efficiently in the Europe surety market.
Liberty Mutual Insurance Company, CNA FINANCIAL CORPORATION, Chubb, The Travelers Indemnity Company, Atradius N.V., Allianz SE, Arthur J. Gallagher & Co., Zurich Insurance Company Ltd, Coface, and Credendo are among the prominent players profiled in the Europe surety market. The Europe surety market report emphasizes the key factors driving the market and prominent players' developments.
The overall Europe surety market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to acquire qualitative and quantitative information related to the. The process also helps obtain an overview of the Europe surety market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe surety market. The Europe surety market forecast can help stakeholders in this marketplace plan their growth strategies.