Global Downhole Tool Insurance Supply, Demand and Key Producers, 2023-2029

July 2024 | 101 pages | ID: GFA03260EB71EN
GlobalInfoResearch

Abstracts

The global Downhole Tool Insurance market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Downhole tool insurance is a specialized type of insurance coverage designed to protect the value of expensive and critical equipment used in oil and gas drilling operations. It specifically focuses on covering downhole tools, which are equipment and instruments used during the drilling, completion, and production phases of oil and gas wells.

This report studies the global Downhole Tool Insurance demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Downhole Tool Insurance, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Downhole Tool Insurance that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Downhole Tool Insurance total market, 2018-2029, (USD Million)

Global Downhole Tool Insurance total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Downhole Tool Insurance total market, key domestic companies and share, (USD Million)

Global Downhole Tool Insurance revenue by player and market share 2018-2023, (USD Million)

Global Downhole Tool Insurance total market by Type, CAGR, 2018-2029, (USD Million)

Global Downhole Tool Insurance total market by Application, CAGR, 2018-2029, (USD Million)

This reports profiles major players in the global Downhole Tool Insurance market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Transpac Managers, Iridium Risk Services, Travelers, Hartman Group, AssuredPartners, Pacific Reliance Insurance, Great American Insurance Group and Bowen, Miclette & Britt Insurance Agency, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Downhole Tool Insurance market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Downhole Tool Insurance Market, By Region:

• United States
• China
• Europe
• Japan
• South Korea
• ASEAN
• India
• Rest of World

Global Downhole Tool Insurance Market, Segmentation by Type

• All-Risk Coverage
• Named Perils Coverage

Global Downhole Tool Insurance Market, Segmentation by Application

• Onshore Oil Wells
• Offshore Oil Wells

Companies Profiled:

• Transpac Managers
• Iridium Risk Services
• Travelers
• Hartman Group
• AssuredPartners
• Pacific Reliance Insurance
• Great American Insurance Group
• Bowen, Miclette & Britt Insurance Agency

Key Questions Answered

1. How big is the global Downhole Tool Insurance market?

2. What is the demand of the global Downhole Tool Insurance market?

3. What is the year over year growth of the global Downhole Tool Insurance market?

4. What is the total value of the global Downhole Tool Insurance market?

5. Who are the major players in the global Downhole Tool Insurance market?

6. What are the growth factors driving the market demand?

Contents

1 SUPPLY SUMMARY

1.1 Downhole Tool Insurance Introduction
1.2 World Downhole Tool Insurance Market Size & Forecast (2018 & 2022 & 2029)
1.3 World Downhole Tool Insurance Total Market by Region (by Headquarter Location)
  1.3.1 World Downhole Tool Insurance Market Size by Region (2018-2029), (by Headquarter Location)
  1.3.2 United States Downhole Tool Insurance Market Size (2018-2029)
  1.3.3 China Downhole Tool Insurance Market Size (2018-2029)
  1.3.4 Europe Downhole Tool Insurance Market Size (2018-2029)
  1.3.5 Japan Downhole Tool Insurance Market Size (2018-2029)
  1.3.6 South Korea Downhole Tool Insurance Market Size (2018-2029)
  1.3.7 ASEAN Downhole Tool Insurance Market Size (2018-2029)
  1.3.8 India Downhole Tool Insurance Market Size (2018-2029)
1.4 Market Drivers, Restraints and Trends
  1.4.1 Downhole Tool Insurance Market Drivers
  1.4.2 Factors Affecting Demand
  1.4.3 Downhole Tool Insurance Major Market Trends
1.5 Influence of COVID-19 and Russia-Ukraine War
  1.5.1 Influence of COVID-19
  1.5.2 Influence of Russia-Ukraine War

2 DEMAND SUMMARY

2.1 World Downhole Tool Insurance Consumption Value (2018-2029)
2.2 World Downhole Tool Insurance Consumption Value by Region
  2.2.1 World Downhole Tool Insurance Consumption Value by Region (2018-2023)
  2.2.2 World Downhole Tool Insurance Consumption Value Forecast by Region (2024-2029)
2.3 United States Downhole Tool Insurance Consumption Value (2018-2029)
2.4 China Downhole Tool Insurance Consumption Value (2018-2029)
2.5 Europe Downhole Tool Insurance Consumption Value (2018-2029)
2.6 Japan Downhole Tool Insurance Consumption Value (2018-2029)
2.7 South Korea Downhole Tool Insurance Consumption Value (2018-2029)
2.8 ASEAN Downhole Tool Insurance Consumption Value (2018-2029)
2.9 India Downhole Tool Insurance Consumption Value (2018-2029)

3 WORLD DOWNHOLE TOOL INSURANCE COMPANIES COMPETITIVE ANALYSIS

3.1 World Downhole Tool Insurance Revenue by Player (2018-2023)
3.2 Industry Rank and Concentration Rate (CR)
  3.2.1 Global Downhole Tool Insurance Industry Rank of Major Players
  3.2.2 Global Concentration Ratios (CR4) for Downhole Tool Insurance in 2022
  3.2.3 Global Concentration Ratios (CR8) for Downhole Tool Insurance in 2022
3.3 Downhole Tool Insurance Company Evaluation Quadrant
3.4 Downhole Tool Insurance Market: Overall Company Footprint Analysis
  3.4.1 Downhole Tool Insurance Market: Region Footprint
  3.4.2 Downhole Tool Insurance Market: Company Product Type Footprint
  3.4.3 Downhole Tool Insurance Market: Company Product Application Footprint
3.5 Competitive Environment
  3.5.1 Historical Structure of the Industry
  3.5.2 Barriers of Market Entry
  3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 UNITED STATES VS CHINA VS REST OF THE WORLD (BY HEADQUARTER LOCATION)

4.1 United States VS China: Downhole Tool Insurance Revenue Comparison (by Headquarter Location)
  4.1.1 United States VS China: Downhole Tool Insurance Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
  4.1.2 United States VS China: Downhole Tool Insurance Revenue Market Share Comparison (2018 & 2022 & 2029)
4.2 United States Based Companies VS China Based Companies: Downhole Tool Insurance Consumption Value Comparison
  4.2.1 United States VS China: Downhole Tool Insurance Consumption Value Comparison (2018 & 2022 & 2029)
  4.2.2 United States VS China: Downhole Tool Insurance Consumption Value Market Share Comparison (2018 & 2022 & 2029)
4.3 United States Based Downhole Tool Insurance Companies and Market Share, 2018-2023
  4.3.1 United States Based Downhole Tool Insurance Companies, Headquarters (States, Country)
  4.3.2 United States Based Companies Downhole Tool Insurance Revenue, (2018-2023)
4.4 China Based Companies Downhole Tool Insurance Revenue and Market Share, 2018-2023
  4.4.1 China Based Downhole Tool Insurance Companies, Company Headquarters (Province, Country)
  4.4.2 China Based Companies Downhole Tool Insurance Revenue, (2018-2023)
4.5 Rest of World Based Downhole Tool Insurance Companies and Market Share, 2018-2023
  4.5.1 Rest of World Based Downhole Tool Insurance Companies, Headquarters (States, Country)
  4.5.2 Rest of World Based Companies Downhole Tool Insurance Revenue, (2018-2023)

5 MARKET ANALYSIS BY TYPE

5.1 World Downhole Tool Insurance Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
  5.2.1 All-Risk Coverage
  5.2.2 Named Perils Coverage
5.3 Market Segment by Type
  5.3.1 World Downhole Tool Insurance Market Size by Type (2018-2023)
  5.3.2 World Downhole Tool Insurance Market Size by Type (2024-2029)
  5.3.3 World Downhole Tool Insurance Market Size Market Share by Type (2018-2029)

6 MARKET ANALYSIS BY APPLICATION

6.1 World Downhole Tool Insurance Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
  6.2.1 Onshore Oil Wells
  6.2.2 Offshore Oil Wells
6.3 Market Segment by Application
  6.3.1 World Downhole Tool Insurance Market Size by Application (2018-2023)
  6.3.2 World Downhole Tool Insurance Market Size by Application (2024-2029)
  6.3.3 World Downhole Tool Insurance Market Size by Application (2018-2029)

7 COMPANY PROFILES

7.1 Transpac Managers
  7.1.1 Transpac Managers Details
  7.1.2 Transpac Managers Major Business
  7.1.3 Transpac Managers Downhole Tool Insurance Product and Services
  7.1.4 Transpac Managers Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023)
  7.1.5 Transpac Managers Recent Developments/Updates
  7.1.6 Transpac Managers Competitive Strengths & Weaknesses
7.2 Iridium Risk Services
  7.2.1 Iridium Risk Services Details
  7.2.2 Iridium Risk Services Major Business
  7.2.3 Iridium Risk Services Downhole Tool Insurance Product and Services
  7.2.4 Iridium Risk Services Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023)
  7.2.5 Iridium Risk Services Recent Developments/Updates
  7.2.6 Iridium Risk Services Competitive Strengths & Weaknesses
7.3 Travelers
  7.3.1 Travelers Details
  7.3.2 Travelers Major Business
  7.3.3 Travelers Downhole Tool Insurance Product and Services
  7.3.4 Travelers Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023)
  7.3.5 Travelers Recent Developments/Updates
  7.3.6 Travelers Competitive Strengths & Weaknesses
7.4 Hartman Group
  7.4.1 Hartman Group Details
  7.4.2 Hartman Group Major Business
  7.4.3 Hartman Group Downhole Tool Insurance Product and Services
  7.4.4 Hartman Group Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023)
  7.4.5 Hartman Group Recent Developments/Updates
  7.4.6 Hartman Group Competitive Strengths & Weaknesses
7.5 AssuredPartners
  7.5.1 AssuredPartners Details
  7.5.2 AssuredPartners Major Business
  7.5.3 AssuredPartners Downhole Tool Insurance Product and Services
  7.5.4 AssuredPartners Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023)
  7.5.5 AssuredPartners Recent Developments/Updates
  7.5.6 AssuredPartners Competitive Strengths & Weaknesses
7.6 Pacific Reliance Insurance
  7.6.1 Pacific Reliance Insurance Details
  7.6.2 Pacific Reliance Insurance Major Business
  7.6.3 Pacific Reliance Insurance Downhole Tool Insurance Product and Services
  7.6.4 Pacific Reliance Insurance Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023)
  7.6.5 Pacific Reliance Insurance Recent Developments/Updates
  7.6.6 Pacific Reliance Insurance Competitive Strengths & Weaknesses
7.7 Great American Insurance Group
  7.7.1 Great American Insurance Group Details
  7.7.2 Great American Insurance Group Major Business
  7.7.3 Great American Insurance Group Downhole Tool Insurance Product and Services
  7.7.4 Great American Insurance Group Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023)
  7.7.5 Great American Insurance Group Recent Developments/Updates
  7.7.6 Great American Insurance Group Competitive Strengths & Weaknesses
7.8 Bowen, Miclette & Britt Insurance Agency
  7.8.1 Bowen, Miclette & Britt Insurance Agency Details
  7.8.2 Bowen, Miclette & Britt Insurance Agency Major Business
  7.8.3 Bowen, Miclette & Britt Insurance Agency Downhole Tool Insurance Product and Services
  7.8.4 Bowen, Miclette & Britt Insurance Agency Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023)
  7.8.5 Bowen, Miclette & Britt Insurance Agency Recent Developments/Updates
  7.8.6 Bowen, Miclette & Britt Insurance Agency Competitive Strengths & Weaknesses

8 INDUSTRY CHAIN ANALYSIS

8.1 Downhole Tool Insurance Industry Chain
8.2 Downhole Tool Insurance Upstream Analysis
8.3 Downhole Tool Insurance Midstream Analysis
8.4 Downhole Tool Insurance Downstream Analysis

9 RESEARCH FINDINGS AND CONCLUSION

10 APPENDIX

10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. World Downhole Tool Insurance Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
Table 2. World Downhole Tool Insurance Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
Table 3. World Downhole Tool Insurance Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
Table 4. World Downhole Tool Insurance Revenue Market Share by Region (2018-2023), (by Headquarter Location)
Table 5. World Downhole Tool Insurance Revenue Market Share by Region (2024-2029), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Downhole Tool Insurance Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
Table 8. World Downhole Tool Insurance Consumption Value by Region (2018-2023) & (USD Million)
Table 9. World Downhole Tool Insurance Consumption Value Forecast by Region (2024-2029) & (USD Million)
Table 10. World Downhole Tool Insurance Revenue by Player (2018-2023) & (USD Million)
Table 11. Revenue Market Share of Key Downhole Tool Insurance Players in 2022
Table 12. World Downhole Tool Insurance Industry Rank of Major Player, Based on Revenue in 2022
Table 13. Global Downhole Tool Insurance Company Evaluation Quadrant
Table 14. Head Office of Key Downhole Tool Insurance Player
Table 15. Downhole Tool Insurance Market: Company Product Type Footprint
Table 16. Downhole Tool Insurance Market: Company Product Application Footprint
Table 17. Downhole Tool Insurance Mergers & Acquisitions Activity
Table 18. United States VS China Downhole Tool Insurance Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 19. United States VS China Downhole Tool Insurance Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 20. United States Based Downhole Tool Insurance Companies, Headquarters (States, Country)
Table 21. United States Based Companies Downhole Tool Insurance Revenue, (2018-2023) & (USD Million)
Table 22. United States Based Companies Downhole Tool Insurance Revenue Market Share (2018-2023)
Table 23. China Based Downhole Tool Insurance Companies, Headquarters (Province, Country)
Table 24. China Based Companies Downhole Tool Insurance Revenue, (2018-2023) & (USD Million)
Table 25. China Based Companies Downhole Tool Insurance Revenue Market Share (2018-2023)
Table 26. Rest of World Based Downhole Tool Insurance Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Downhole Tool Insurance Revenue, (2018-2023) & (USD Million)
Table 28. Rest of World Based Companies Downhole Tool Insurance Revenue Market Share (2018-2023)
Table 29. World Downhole Tool Insurance Market Size by Type, (USD Million), 2018 & 2022 & 2029
Table 30. World Downhole Tool Insurance Market Size by Type (2018-2023) & (USD Million)
Table 31. World Downhole Tool Insurance Market Size by Type (2024-2029) & (USD Million)
Table 32. World Downhole Tool Insurance Market Size by Application, (USD Million), 2018 & 2022 & 2029
Table 33. World Downhole Tool Insurance Market Size by Application (2018-2023) & (USD Million)
Table 34. World Downhole Tool Insurance Market Size by Application (2024-2029) & (USD Million)
Table 35. Transpac Managers Basic Information, Area Served and Competitors
Table 36. Transpac Managers Major Business
Table 37. Transpac Managers Downhole Tool Insurance Product and Services
Table 38. Transpac Managers Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 39. Transpac Managers Recent Developments/Updates
Table 40. Transpac Managers Competitive Strengths & Weaknesses
Table 41. Iridium Risk Services Basic Information, Area Served and Competitors
Table 42. Iridium Risk Services Major Business
Table 43. Iridium Risk Services Downhole Tool Insurance Product and Services
Table 44. Iridium Risk Services Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 45. Iridium Risk Services Recent Developments/Updates
Table 46. Iridium Risk Services Competitive Strengths & Weaknesses
Table 47. Travelers Basic Information, Area Served and Competitors
Table 48. Travelers Major Business
Table 49. Travelers Downhole Tool Insurance Product and Services
Table 50. Travelers Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 51. Travelers Recent Developments/Updates
Table 52. Travelers Competitive Strengths & Weaknesses
Table 53. Hartman Group Basic Information, Area Served and Competitors
Table 54. Hartman Group Major Business
Table 55. Hartman Group Downhole Tool Insurance Product and Services
Table 56. Hartman Group Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 57. Hartman Group Recent Developments/Updates
Table 58. Hartman Group Competitive Strengths & Weaknesses
Table 59. AssuredPartners Basic Information, Area Served and Competitors
Table 60. AssuredPartners Major Business
Table 61. AssuredPartners Downhole Tool Insurance Product and Services
Table 62. AssuredPartners Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 63. AssuredPartners Recent Developments/Updates
Table 64. AssuredPartners Competitive Strengths & Weaknesses
Table 65. Pacific Reliance Insurance Basic Information, Area Served and Competitors
Table 66. Pacific Reliance Insurance Major Business
Table 67. Pacific Reliance Insurance Downhole Tool Insurance Product and Services
Table 68. Pacific Reliance Insurance Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 69. Pacific Reliance Insurance Recent Developments/Updates
Table 70. Pacific Reliance Insurance Competitive Strengths & Weaknesses
Table 71. Great American Insurance Group Basic Information, Area Served and Competitors
Table 72. Great American Insurance Group Major Business
Table 73. Great American Insurance Group Downhole Tool Insurance Product and Services
Table 74. Great American Insurance Group Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 75. Great American Insurance Group Recent Developments/Updates
Table 76. Bowen, Miclette & Britt Insurance Agency Basic Information, Area Served and Competitors
Table 77. Bowen, Miclette & Britt Insurance Agency Major Business
Table 78. Bowen, Miclette & Britt Insurance Agency Downhole Tool Insurance Product and Services
Table 79. Bowen, Miclette & Britt Insurance Agency Downhole Tool Insurance Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 80. Global Key Players of Downhole Tool Insurance Upstream (Raw Materials)
Table 81. Downhole Tool Insurance Typical Customers
List of Figure
Figure 1. Downhole Tool Insurance Picture
Figure 2. World Downhole Tool Insurance Total Market Size: 2018 & 2022 & 2029, (USD Million)
Figure 3. World Downhole Tool Insurance Total Market Size (2018-2029) & (USD Million)
Figure 4. World Downhole Tool Insurance Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
Figure 5. World Downhole Tool Insurance Revenue Market Share by Region (2018-2029), (by Headquarter Location)
Figure 6. United States Based Company Downhole Tool Insurance Revenue (2018-2029) & (USD Million)
Figure 7. China Based Company Downhole Tool Insurance Revenue (2018-2029) & (USD Million)
Figure 8. Europe Based Company Downhole Tool Insurance Revenue (2018-2029) & (USD Million)
Figure 9. Japan Based Company Downhole Tool Insurance Revenue (2018-2029) & (USD Million)
Figure 10. South Korea Based Company Downhole Tool Insurance Revenue (2018-2029) & (USD Million)
Figure 11. ASEAN Based Company Downhole Tool Insurance Revenue (2018-2029) & (USD Million)
Figure 12. India Based Company Downhole Tool Insurance Revenue (2018-2029) & (USD Million)
Figure 13. Downhole Tool Insurance Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Downhole Tool Insurance Consumption Value (2018-2029) & (USD Million)
Figure 16. World Downhole Tool Insurance Consumption Value Market Share by Region (2018-2029)
Figure 17. United States Downhole Tool Insurance Consumption Value (2018-2029) & (USD Million)
Figure 18. China Downhole Tool Insurance Consumption Value (2018-2029) & (USD Million)
Figure 19. Europe Downhole Tool Insurance Consumption Value (2018-2029) & (USD Million)
Figure 20. Japan Downhole Tool Insurance Consumption Value (2018-2029) & (USD Million)
Figure 21. South Korea Downhole Tool Insurance Consumption Value (2018-2029) & (USD Million)
Figure 22. ASEAN Downhole Tool Insurance Consumption Value (2018-2029) & (USD Million)
Figure 23. India Downhole Tool Insurance Consumption Value (2018-2029) & (USD Million)
Figure 24. Producer Shipments of Downhole Tool Insurance by Player Revenue ($MM) and Market Share (%): 2022
Figure 25. Global Four-firm Concentration Ratios (CR4) for Downhole Tool Insurance Markets in 2022
Figure 26. Global Four-firm Concentration Ratios (CR8) for Downhole Tool Insurance Markets in 2022
Figure 27. United States VS China: Downhole Tool Insurance Revenue Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: Downhole Tool Insurance Consumption Value Market Share Comparison (2018 & 2022 & 2029)
Figure 29. World Downhole Tool Insurance Market Size by Type, (USD Million), 2018 & 2022 & 2029
Figure 30. World Downhole Tool Insurance Market Size Market Share by Type in 2022
Figure 31. All-Risk Coverage
Figure 32. Named Perils Coverage
Figure 33. World Downhole Tool Insurance Market Size Market Share by Type (2018-2029)
Figure 34. World Downhole Tool Insurance Market Size by Application, (USD Million), 2018 & 2022 & 2029
Figure 35. World Downhole Tool Insurance Market Size Market Share by Application in 2022
Figure 36. Onshore Oil Wells
Figure 37. Offshore Oil Wells
Figure 38. Downhole Tool Insurance Industrial Chain
Figure 39. Methodology
Figure 40. Research Process and Data Source