
The global Parallel Battery Pack market size is predicted to grow from US$ 269 million in 2025 to US$ 432 million in 2031; it is expected to grow at a CAGR of 8.2% from 2025 to 2031.
United States market for Parallel Battery Pack is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Parallel Battery Pack is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Parallel Battery Pack is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Parallel Battery Pack players cover Samsung SDI Co. Ltd.(South Korea), Panasonic Corporation(Japan), LG Chem Power(U.S.), Toshiba Corporation(Japan), Hitachi Chemical(Japan), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The “Parallel Battery Pack Industry Forecast” looks at past sales and reviews total world Parallel Battery Pack sales in 2024, providing a comprehensive analysis by region and market sector of projected Parallel Battery Pack sales for 2025 through 2031. With Parallel Battery Pack sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parallel Battery Pack industry.
This Insight Report provides a comprehensive analysis of the global Parallel Battery Pack landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Parallel Battery Pack portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Parallel Battery Pack market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parallel Battery Pack and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Parallel Battery Pack.
This report presents a comprehensive overview, market shares, and growth opportunities of Parallel Battery Pack market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
5-25 Watts
48-95 Watts
18-28 kWh
100-250 kWh
Segmentation by Application:
Consumer Electronics
Automotive
Medical
Grid Energy and Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Samsung SDI Co. Ltd.(South Korea)
Panasonic Corporation(Japan)
LG Chem Power(U.S.)
Toshiba Corporation(Japan)
Hitachi Chemical(Japan)
Automotive Energy Supply Corporation(Japan)
GS Yuasa International Ltd.(Japan)
Johnson Controls(U.S.)
Shenzhen BAK Battery(China)
Future Hi-Tech Batteries Limited(India)
BYD(China)
Tianjin Lishen Battery(China)
Amperex Technology(Hong Kong)
Hunan Shanshan Toda Advanced Materials(China)
Pulead Technology Industry(China)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Parallel Battery Pack market?
What factors are driving Parallel Battery Pack market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Parallel Battery Pack market opportunities vary by end market size?
How does Parallel Battery Pack break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Parallel Battery Pack Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Parallel Battery Pack by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Parallel Battery Pack by Country/Region, 2020, 2024 & 2031
2.2 Parallel Battery Pack Segment by Type
2.2.1 5-25 Watts
2.2.2 48-95 Watts
2.2.3 18-28 kWh
2.2.4 100-250 kWh
2.3 Parallel Battery Pack Sales by Type
2.3.1 Global Parallel Battery Pack Sales Market Share by Type (2020-2025)
2.3.2 Global Parallel Battery Pack Revenue and Market Share by Type (2020-2025)
2.3.3 Global Parallel Battery Pack Sale Price by Type (2020-2025)
2.4 Parallel Battery Pack Segment by Application
2.4.1 Consumer Electronics
2.4.2 Automotive
2.4.3 Medical
2.4.4 Grid Energy and Industrial
2.4.5 Others
2.5 Parallel Battery Pack Sales by Application
2.5.1 Global Parallel Battery Pack Sale Market Share by Application (2020-2025)
2.5.2 Global Parallel Battery Pack Revenue and Market Share by Application (2020-2025)
2.5.3 Global Parallel Battery Pack Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Parallel Battery Pack Breakdown Data by Company
3.1.1 Global Parallel Battery Pack Annual Sales by Company (2020-2025)
3.1.2 Global Parallel Battery Pack Sales Market Share by Company (2020-2025)
3.2 Global Parallel Battery Pack Annual Revenue by Company (2020-2025)
3.2.1 Global Parallel Battery Pack Revenue by Company (2020-2025)
3.2.2 Global Parallel Battery Pack Revenue Market Share by Company (2020-2025)
3.3 Global Parallel Battery Pack Sale Price by Company
3.4 Key Manufacturers Parallel Battery Pack Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Parallel Battery Pack Product Location Distribution
3.4.2 Players Parallel Battery Pack Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Parallel Battery Pack by Geographic Region
4.1 World Historic Parallel Battery Pack Market Size by Geographic Region (2020-2025)
4.1.1 Global Parallel Battery Pack Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Parallel Battery Pack Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Parallel Battery Pack Market Size by Country/Region (2020-2025)
4.2.1 Global Parallel Battery Pack Annual Sales by Country/Region (2020-2025)
4.2.2 Global Parallel Battery Pack Annual Revenue by Country/Region (2020-2025)
4.3 Americas Parallel Battery Pack Sales Growth
4.4 APAC Parallel Battery Pack Sales Growth
4.5 Europe Parallel Battery Pack Sales Growth
4.6 Middle East & Africa Parallel Battery Pack Sales Growth
5 Americas
5.1 Americas Parallel Battery Pack Sales by Country
5.1.1 Americas Parallel Battery Pack Sales by Country (2020-2025)
5.1.2 Americas Parallel Battery Pack Revenue by Country (2020-2025)
5.2 Americas Parallel Battery Pack Sales by Type (2020-2025)
5.3 Americas Parallel Battery Pack Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Parallel Battery Pack Sales by Region
6.1.1 APAC Parallel Battery Pack Sales by Region (2020-2025)
6.1.2 APAC Parallel Battery Pack Revenue by Region (2020-2025)
6.2 APAC Parallel Battery Pack Sales by Type (2020-2025)
6.3 APAC Parallel Battery Pack Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Parallel Battery Pack by Country
7.1.1 Europe Parallel Battery Pack Sales by Country (2020-2025)
7.1.2 Europe Parallel Battery Pack Revenue by Country (2020-2025)
7.2 Europe Parallel Battery Pack Sales by Type (2020-2025)
7.3 Europe Parallel Battery Pack Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Parallel Battery Pack by Country
8.1.1 Middle East & Africa Parallel Battery Pack Sales by Country (2020-2025)
8.1.2 Middle East & Africa Parallel Battery Pack Revenue by Country (2020-2025)
8.2 Middle East & Africa Parallel Battery Pack Sales by Type (2020-2025)
8.3 Middle East & Africa Parallel Battery Pack Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Parallel Battery Pack
10.3 Manufacturing Process Analysis of Parallel Battery Pack
10.4 Industry Chain Structure of Parallel Battery Pack
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Parallel Battery Pack Distributors
11.3 Parallel Battery Pack Customer
12 World Forecast Review for Parallel Battery Pack by Geographic Region
12.1 Global Parallel Battery Pack Market Size Forecast by Region
12.1.1 Global Parallel Battery Pack Forecast by Region (2026-2031)
12.1.2 Global Parallel Battery Pack Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Parallel Battery Pack Forecast by Type (2026-2031)
12.7 Global Parallel Battery Pack Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Samsung SDI Co. Ltd.(South Korea)
13.1.1 Samsung SDI Co. Ltd.(South Korea) Company Information
13.1.2 Samsung SDI Co. Ltd.(South Korea) Parallel Battery Pack Product Portfolios and Specifications
13.1.3 Samsung SDI Co. Ltd.(South Korea) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Samsung SDI Co. Ltd.(South Korea) Main Business Overview
13.1.5 Samsung SDI Co. Ltd.(South Korea) Latest Developments
13.2 Panasonic Corporation(Japan)
13.2.1 Panasonic Corporation(Japan) Company Information
13.2.2 Panasonic Corporation(Japan) Parallel Battery Pack Product Portfolios and Specifications
13.2.3 Panasonic Corporation(Japan) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Panasonic Corporation(Japan) Main Business Overview
13.2.5 Panasonic Corporation(Japan) Latest Developments
13.3 LG Chem Power(U.S.)
13.3.1 LG Chem Power(U.S.) Company Information
13.3.2 LG Chem Power(U.S.) Parallel Battery Pack Product Portfolios and Specifications
13.3.3 LG Chem Power(U.S.) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 LG Chem Power(U.S.) Main Business Overview
13.3.5 LG Chem Power(U.S.) Latest Developments
13.4 Toshiba Corporation(Japan)
13.4.1 Toshiba Corporation(Japan) Company Information
13.4.2 Toshiba Corporation(Japan) Parallel Battery Pack Product Portfolios and Specifications
13.4.3 Toshiba Corporation(Japan) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Toshiba Corporation(Japan) Main Business Overview
13.4.5 Toshiba Corporation(Japan) Latest Developments
13.5 Hitachi Chemical(Japan)
13.5.1 Hitachi Chemical(Japan) Company Information
13.5.2 Hitachi Chemical(Japan) Parallel Battery Pack Product Portfolios and Specifications
13.5.3 Hitachi Chemical(Japan) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Hitachi Chemical(Japan) Main Business Overview
13.5.5 Hitachi Chemical(Japan) Latest Developments
13.6 Automotive Energy Supply Corporation(Japan)
13.6.1 Automotive Energy Supply Corporation(Japan) Company Information
13.6.2 Automotive Energy Supply Corporation(Japan) Parallel Battery Pack Product Portfolios and Specifications
13.6.3 Automotive Energy Supply Corporation(Japan) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Automotive Energy Supply Corporation(Japan) Main Business Overview
13.6.5 Automotive Energy Supply Corporation(Japan) Latest Developments
13.7 GS Yuasa International Ltd.(Japan)
13.7.1 GS Yuasa International Ltd.(Japan) Company Information
13.7.2 GS Yuasa International Ltd.(Japan) Parallel Battery Pack Product Portfolios and Specifications
13.7.3 GS Yuasa International Ltd.(Japan) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 GS Yuasa International Ltd.(Japan) Main Business Overview
13.7.5 GS Yuasa International Ltd.(Japan) Latest Developments
13.8 Johnson Controls(U.S.)
13.8.1 Johnson Controls(U.S.) Company Information
13.8.2 Johnson Controls(U.S.) Parallel Battery Pack Product Portfolios and Specifications
13.8.3 Johnson Controls(U.S.) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Johnson Controls(U.S.) Main Business Overview
13.8.5 Johnson Controls(U.S.) Latest Developments
13.9 Shenzhen BAK Battery(China)
13.9.1 Shenzhen BAK Battery(China) Company Information
13.9.2 Shenzhen BAK Battery(China) Parallel Battery Pack Product Portfolios and Specifications
13.9.3 Shenzhen BAK Battery(China) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Shenzhen BAK Battery(China) Main Business Overview
13.9.5 Shenzhen BAK Battery(China) Latest Developments
13.10 Future Hi-Tech Batteries Limited(India)
13.10.1 Future Hi-Tech Batteries Limited(India) Company Information
13.10.2 Future Hi-Tech Batteries Limited(India) Parallel Battery Pack Product Portfolios and Specifications
13.10.3 Future Hi-Tech Batteries Limited(India) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Future Hi-Tech Batteries Limited(India) Main Business Overview
13.10.5 Future Hi-Tech Batteries Limited(India) Latest Developments
13.11 BYD(China)
13.11.1 BYD(China) Company Information
13.11.2 BYD(China) Parallel Battery Pack Product Portfolios and Specifications
13.11.3 BYD(China) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 BYD(China) Main Business Overview
13.11.5 BYD(China) Latest Developments
13.12 Tianjin Lishen Battery(China)
13.12.1 Tianjin Lishen Battery(China) Company Information
13.12.2 Tianjin Lishen Battery(China) Parallel Battery Pack Product Portfolios and Specifications
13.12.3 Tianjin Lishen Battery(China) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Tianjin Lishen Battery(China) Main Business Overview
13.12.5 Tianjin Lishen Battery(China) Latest Developments
13.13 Amperex Technology(Hong Kong)
13.13.1 Amperex Technology(Hong Kong) Company Information
13.13.2 Amperex Technology(Hong Kong) Parallel Battery Pack Product Portfolios and Specifications
13.13.3 Amperex Technology(Hong Kong) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Amperex Technology(Hong Kong) Main Business Overview
13.13.5 Amperex Technology(Hong Kong) Latest Developments
13.14 Hunan Shanshan Toda Advanced Materials(China)
13.14.1 Hunan Shanshan Toda Advanced Materials(China) Company Information
13.14.2 Hunan Shanshan Toda Advanced Materials(China) Parallel Battery Pack Product Portfolios and Specifications
13.14.3 Hunan Shanshan Toda Advanced Materials(China) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Hunan Shanshan Toda Advanced Materials(China) Main Business Overview
13.14.5 Hunan Shanshan Toda Advanced Materials(China) Latest Developments
13.15 Pulead Technology Industry(China)
13.15.1 Pulead Technology Industry(China) Company Information
13.15.2 Pulead Technology Industry(China) Parallel Battery Pack Product Portfolios and Specifications
13.15.3 Pulead Technology Industry(China) Parallel Battery Pack Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Pulead Technology Industry(China) Main Business Overview
13.15.5 Pulead Technology Industry(China) Latest Developments
14 Research Findings and Conclusion
*If Applicable.
