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Global Parallel Battery Pack Market Research Report 2025
Published Date: January 2025
|
Report Code: QYRE-Auto-15C8581
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Global Parallel Battery Pack Market Insights and Forecast to 2028
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Global Parallel Battery Pack Market Research Report 2025

Code: QYRE-Auto-15C8581
Report
January 2025
Pages:99
QYResearch
Buy Now with 15% Discount
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
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)

Parallel Battery Pack Market Size

The global market for Parallel Battery Pack was valued at US$ 257 million in the year 2024 and is projected to reach a revised size of US$ 434 million by 2031, growing at a CAGR of 7.9% during the forecast period.

Parallel Battery Pack Market

Parallel Battery Pack Market

North American market for Parallel Battery Pack is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Parallel Battery Pack is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Parallel Battery Pack include 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), etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Parallel Battery Pack, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Parallel Battery Pack.
The Parallel Battery Pack market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Parallel Battery Pack market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Parallel Battery Pack manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Parallel Battery Pack Market Report

Report Metric Details
Report Name Parallel Battery Pack Market
Accounted market size in year US$ 257 million
Forecasted market size in 2031 US$ 434 million
CAGR 7.9%
Base Year year
Forecasted years 2025 - 2031
by Type
  • 5-25 Watts
  • 48-95 Watts
  • 18-28 kWh
  • 100-250 kWh
by Application
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company 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)
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Parallel Battery Pack manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Parallel Battery Pack by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Parallel Battery Pack in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Parallel Battery Pack Market growing?

Ans: The Parallel Battery Pack Market witnessing a CAGR of 7.9% during the forecast period 2025-2031.

What is the Parallel Battery Pack Market size in 2031?

Ans: The Parallel Battery Pack Market size in 2031 will be US$ 434 million.

Who are the main players in the Parallel Battery Pack Market report?

Ans: The main players in the Parallel Battery Pack Market are 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)

What are the Application segmentation covered in the Parallel Battery Pack Market report?

Ans: The Applications covered in the Parallel Battery Pack Market report are Consumer Electronics, Automotive, Medical, Grid Energy and Industrial, Others

What are the Type segmentation covered in the Parallel Battery Pack Market report?

Ans: The Types covered in the Parallel Battery Pack Market report are 5-25 Watts, 48-95 Watts, 18-28 kWh, 100-250 kWh

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1 Parallel Battery Pack Market Overview
1.1 Product Definition
1.2 Parallel Battery Pack by Type
1.2.1 Global Parallel Battery Pack Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 5-25 Watts
1.2.3 48-95 Watts
1.2.4 18-28 kWh
1.2.5 100-250 kWh
1.3 Parallel Battery Pack by Application
1.3.1 Global Parallel Battery Pack Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Consumer Electronics
1.3.3 Automotive
1.3.4 Medical
1.3.5 Grid Energy and Industrial
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Parallel Battery Pack Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Parallel Battery Pack Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Parallel Battery Pack Production Estimates and Forecasts (2020-2031)
1.4.4 Global Parallel Battery Pack Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Parallel Battery Pack Production Market Share by Manufacturers (2020-2025)
2.2 Global Parallel Battery Pack Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Parallel Battery Pack, Industry Ranking, 2023 VS 2024
2.4 Global Parallel Battery Pack Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Parallel Battery Pack Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Parallel Battery Pack, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Parallel Battery Pack, Product Offered and Application
2.8 Global Key Manufacturers of Parallel Battery Pack, Date of Enter into This Industry
2.9 Parallel Battery Pack Market Competitive Situation and Trends
2.9.1 Parallel Battery Pack Market Concentration Rate
2.9.2 Global 5 and 10 Largest Parallel Battery Pack Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Parallel Battery Pack Production by Region
3.1 Global Parallel Battery Pack Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Parallel Battery Pack Production Value by Region (2020-2031)
3.2.1 Global Parallel Battery Pack Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Parallel Battery Pack by Region (2026-2031)
3.3 Global Parallel Battery Pack Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Parallel Battery Pack Production Volume by Region (2020-2031)
3.4.1 Global Parallel Battery Pack Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Parallel Battery Pack by Region (2026-2031)
3.5 Global Parallel Battery Pack Market Price Analysis by Region (2020-2025)
3.6 Global Parallel Battery Pack Production and Value, Year-over-Year Growth
3.6.1 North America Parallel Battery Pack Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Parallel Battery Pack Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Parallel Battery Pack Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Parallel Battery Pack Production Value Estimates and Forecasts (2020-2031)
4 Parallel Battery Pack Consumption by Region
4.1 Global Parallel Battery Pack Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Parallel Battery Pack Consumption by Region (2020-2031)
4.2.1 Global Parallel Battery Pack Consumption by Region (2020-2025)
4.2.2 Global Parallel Battery Pack Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Parallel Battery Pack Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Parallel Battery Pack Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Parallel Battery Pack Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Parallel Battery Pack Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Parallel Battery Pack Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Parallel Battery Pack Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Parallel Battery Pack Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Parallel Battery Pack Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Parallel Battery Pack Production by Type (2020-2031)
5.1.1 Global Parallel Battery Pack Production by Type (2020-2025)
5.1.2 Global Parallel Battery Pack Production by Type (2026-2031)
5.1.3 Global Parallel Battery Pack Production Market Share by Type (2020-2031)
5.2 Global Parallel Battery Pack Production Value by Type (2020-2031)
5.2.1 Global Parallel Battery Pack Production Value by Type (2020-2025)
5.2.2 Global Parallel Battery Pack Production Value by Type (2026-2031)
5.2.3 Global Parallel Battery Pack Production Value Market Share by Type (2020-2031)
5.3 Global Parallel Battery Pack Price by Type (2020-2031)
6 Segment by Application
6.1 Global Parallel Battery Pack Production by Application (2020-2031)
6.1.1 Global Parallel Battery Pack Production by Application (2020-2025)
6.1.2 Global Parallel Battery Pack Production by Application (2026-2031)
6.1.3 Global Parallel Battery Pack Production Market Share by Application (2020-2031)
6.2 Global Parallel Battery Pack Production Value by Application (2020-2031)
6.2.1 Global Parallel Battery Pack Production Value by Application (2020-2025)
6.2.2 Global Parallel Battery Pack Production Value by Application (2026-2031)
6.2.3 Global Parallel Battery Pack Production Value Market Share by Application (2020-2031)
6.3 Global Parallel Battery Pack Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Samsung SDI Co. Ltd.(South Korea)
7.1.1 Samsung SDI Co. Ltd.(South Korea) Parallel Battery Pack Company Information
7.1.2 Samsung SDI Co. Ltd.(South Korea) Parallel Battery Pack Product Portfolio
7.1.3 Samsung SDI Co. Ltd.(South Korea) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Samsung SDI Co. Ltd.(South Korea) Main Business and Markets Served
7.1.5 Samsung SDI Co. Ltd.(South Korea) Recent Developments/Updates
7.2 Panasonic Corporation(Japan)
7.2.1 Panasonic Corporation(Japan) Parallel Battery Pack Company Information
7.2.2 Panasonic Corporation(Japan) Parallel Battery Pack Product Portfolio
7.2.3 Panasonic Corporation(Japan) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Panasonic Corporation(Japan) Main Business and Markets Served
7.2.5 Panasonic Corporation(Japan) Recent Developments/Updates
7.3 LG Chem Power(U.S.)
7.3.1 LG Chem Power(U.S.) Parallel Battery Pack Company Information
7.3.2 LG Chem Power(U.S.) Parallel Battery Pack Product Portfolio
7.3.3 LG Chem Power(U.S.) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.3.4 LG Chem Power(U.S.) Main Business and Markets Served
7.3.5 LG Chem Power(U.S.) Recent Developments/Updates
7.4 Toshiba Corporation(Japan)
7.4.1 Toshiba Corporation(Japan) Parallel Battery Pack Company Information
7.4.2 Toshiba Corporation(Japan) Parallel Battery Pack Product Portfolio
7.4.3 Toshiba Corporation(Japan) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Toshiba Corporation(Japan) Main Business and Markets Served
7.4.5 Toshiba Corporation(Japan) Recent Developments/Updates
7.5 Hitachi Chemical(Japan)
7.5.1 Hitachi Chemical(Japan) Parallel Battery Pack Company Information
7.5.2 Hitachi Chemical(Japan) Parallel Battery Pack Product Portfolio
7.5.3 Hitachi Chemical(Japan) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Hitachi Chemical(Japan) Main Business and Markets Served
7.5.5 Hitachi Chemical(Japan) Recent Developments/Updates
7.6 Automotive Energy Supply Corporation(Japan)
7.6.1 Automotive Energy Supply Corporation(Japan) Parallel Battery Pack Company Information
7.6.2 Automotive Energy Supply Corporation(Japan) Parallel Battery Pack Product Portfolio
7.6.3 Automotive Energy Supply Corporation(Japan) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Automotive Energy Supply Corporation(Japan) Main Business and Markets Served
7.6.5 Automotive Energy Supply Corporation(Japan) Recent Developments/Updates
7.7 GS Yuasa International Ltd.(Japan)
7.7.1 GS Yuasa International Ltd.(Japan) Parallel Battery Pack Company Information
7.7.2 GS Yuasa International Ltd.(Japan) Parallel Battery Pack Product Portfolio
7.7.3 GS Yuasa International Ltd.(Japan) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.7.4 GS Yuasa International Ltd.(Japan) Main Business and Markets Served
7.7.5 GS Yuasa International Ltd.(Japan) Recent Developments/Updates
7.8 Johnson Controls(U.S.)
7.8.1 Johnson Controls(U.S.) Parallel Battery Pack Company Information
7.8.2 Johnson Controls(U.S.) Parallel Battery Pack Product Portfolio
7.8.3 Johnson Controls(U.S.) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Johnson Controls(U.S.) Main Business and Markets Served
7.8.5 Johnson Controls(U.S.) Recent Developments/Updates
7.9 Shenzhen BAK Battery(China)
7.9.1 Shenzhen BAK Battery(China) Parallel Battery Pack Company Information
7.9.2 Shenzhen BAK Battery(China) Parallel Battery Pack Product Portfolio
7.9.3 Shenzhen BAK Battery(China) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Shenzhen BAK Battery(China) Main Business and Markets Served
7.9.5 Shenzhen BAK Battery(China) Recent Developments/Updates
7.10 Future Hi-Tech Batteries Limited(India)
7.10.1 Future Hi-Tech Batteries Limited(India) Parallel Battery Pack Company Information
7.10.2 Future Hi-Tech Batteries Limited(India) Parallel Battery Pack Product Portfolio
7.10.3 Future Hi-Tech Batteries Limited(India) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Future Hi-Tech Batteries Limited(India) Main Business and Markets Served
7.10.5 Future Hi-Tech Batteries Limited(India) Recent Developments/Updates
7.11 BYD(China)
7.11.1 BYD(China) Parallel Battery Pack Company Information
7.11.2 BYD(China) Parallel Battery Pack Product Portfolio
7.11.3 BYD(China) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.11.4 BYD(China) Main Business and Markets Served
7.11.5 BYD(China) Recent Developments/Updates
7.12 Tianjin Lishen Battery(China)
7.12.1 Tianjin Lishen Battery(China) Parallel Battery Pack Company Information
7.12.2 Tianjin Lishen Battery(China) Parallel Battery Pack Product Portfolio
7.12.3 Tianjin Lishen Battery(China) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Tianjin Lishen Battery(China) Main Business and Markets Served
7.12.5 Tianjin Lishen Battery(China) Recent Developments/Updates
7.13 Amperex Technology(Hong Kong)
7.13.1 Amperex Technology(Hong Kong) Parallel Battery Pack Company Information
7.13.2 Amperex Technology(Hong Kong) Parallel Battery Pack Product Portfolio
7.13.3 Amperex Technology(Hong Kong) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Amperex Technology(Hong Kong) Main Business and Markets Served
7.13.5 Amperex Technology(Hong Kong) Recent Developments/Updates
7.14 Hunan Shanshan Toda Advanced Materials(China)
7.14.1 Hunan Shanshan Toda Advanced Materials(China) Parallel Battery Pack Company Information
7.14.2 Hunan Shanshan Toda Advanced Materials(China) Parallel Battery Pack Product Portfolio
7.14.3 Hunan Shanshan Toda Advanced Materials(China) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Hunan Shanshan Toda Advanced Materials(China) Main Business and Markets Served
7.14.5 Hunan Shanshan Toda Advanced Materials(China) Recent Developments/Updates
7.15 Pulead Technology Industry(China)
7.15.1 Pulead Technology Industry(China) Parallel Battery Pack Company Information
7.15.2 Pulead Technology Industry(China) Parallel Battery Pack Product Portfolio
7.15.3 Pulead Technology Industry(China) Parallel Battery Pack Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Pulead Technology Industry(China) Main Business and Markets Served
7.15.5 Pulead Technology Industry(China) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Parallel Battery Pack Industry Chain Analysis
8.2 Parallel Battery Pack Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Parallel Battery Pack Production Mode & Process Analysis
8.4 Parallel Battery Pack Sales and Marketing
8.4.1 Parallel Battery Pack Sales Channels
8.4.2 Parallel Battery Pack Distributors
8.5 Parallel Battery Pack Customer Analysis
9 Parallel Battery Pack Market Dynamics
9.1 Parallel Battery Pack Industry Trends
9.2 Parallel Battery Pack Market Drivers
9.3 Parallel Battery Pack Market Challenges
9.4 Parallel Battery Pack Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
FEATURED COMPANIES
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)
List of Tables
 Table 1. Global Parallel Battery Pack Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Parallel Battery Pack Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Parallel Battery Pack Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global Parallel Battery Pack Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global Parallel Battery Pack Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Parallel Battery Pack Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Parallel Battery Pack Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Parallel Battery Pack, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Parallel Battery Pack as of 2024)
 Table 10. Global Market Parallel Battery Pack Average Price by Manufacturers (USD/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of Parallel Battery Pack, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Parallel Battery Pack, Product Offered and Application
 Table 13. Global Key Manufacturers of Parallel Battery Pack, Date of Enter into This Industry
 Table 14. Global Parallel Battery Pack Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Parallel Battery Pack Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Parallel Battery Pack Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Parallel Battery Pack Production Value Market Share by Region (2020-2025)
 Table 19. Global Parallel Battery Pack Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Parallel Battery Pack Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Parallel Battery Pack Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global Parallel Battery Pack Production (K Units) by Region (2020-2025)
 Table 23. Global Parallel Battery Pack Production Market Share by Region (2020-2025)
 Table 24. Global Parallel Battery Pack Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global Parallel Battery Pack Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Parallel Battery Pack Market Average Price (USD/Unit) by Region (2020-2025)
 Table 27. Global Parallel Battery Pack Market Average Price (USD/Unit) by Region (2026-2031)
 Table 28. Global Parallel Battery Pack Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global Parallel Battery Pack Consumption by Region (2020-2025) & (K Units)
 Table 30. Global Parallel Battery Pack Consumption Market Share by Region (2020-2025)
 Table 31. Global Parallel Battery Pack Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global Parallel Battery Pack Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Parallel Battery Pack Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America Parallel Battery Pack Consumption by Country (2020-2025) & (K Units)
 Table 35. North America Parallel Battery Pack Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe Parallel Battery Pack Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe Parallel Battery Pack Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe Parallel Battery Pack Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific Parallel Battery Pack Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific Parallel Battery Pack Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific Parallel Battery Pack Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa Parallel Battery Pack Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa Parallel Battery Pack Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa Parallel Battery Pack Consumption by Country (2026-2031) & (K Units)
 Table 45. Global Parallel Battery Pack Production (K Units) by Type (2020-2025)
 Table 46. Global Parallel Battery Pack Production (K Units) by Type (2026-2031)
 Table 47. Global Parallel Battery Pack Production Market Share by Type (2020-2025)
 Table 48. Global Parallel Battery Pack Production Market Share by Type (2026-2031)
 Table 49. Global Parallel Battery Pack Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Parallel Battery Pack Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Parallel Battery Pack Production Value Market Share by Type (2020-2025)
 Table 52. Global Parallel Battery Pack Production Value Market Share by Type (2026-2031)
 Table 53. Global Parallel Battery Pack Price (USD/Unit) by Type (2020-2025)
 Table 54. Global Parallel Battery Pack Price (USD/Unit) by Type (2026-2031)
 Table 55. Global Parallel Battery Pack Production (K Units) by Application (2020-2025)
 Table 56. Global Parallel Battery Pack Production (K Units) by Application (2026-2031)
 Table 57. Global Parallel Battery Pack Production Market Share by Application (2020-2025)
 Table 58. Global Parallel Battery Pack Production Market Share by Application (2026-2031)
 Table 59. Global Parallel Battery Pack Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Parallel Battery Pack Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Parallel Battery Pack Production Value Market Share by Application (2020-2025)
 Table 62. Global Parallel Battery Pack Production Value Market Share by Application (2026-2031)
 Table 63. Global Parallel Battery Pack Price (USD/Unit) by Application (2020-2025)
 Table 64. Global Parallel Battery Pack Price (USD/Unit) by Application (2026-2031)
 Table 65. Samsung SDI Co. Ltd.(South Korea) Parallel Battery Pack Company Information
 Table 66. Samsung SDI Co. Ltd.(South Korea) Parallel Battery Pack Specification and Application
 Table 67. Samsung SDI Co. Ltd.(South Korea) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 68. Samsung SDI Co. Ltd.(South Korea) Main Business and Markets Served
 Table 69. Samsung SDI Co. Ltd.(South Korea) Recent Developments/Updates
 Table 70. Panasonic Corporation(Japan) Parallel Battery Pack Company Information
 Table 71. Panasonic Corporation(Japan) Parallel Battery Pack Specification and Application
 Table 72. Panasonic Corporation(Japan) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 73. Panasonic Corporation(Japan) Main Business and Markets Served
 Table 74. Panasonic Corporation(Japan) Recent Developments/Updates
 Table 75. LG Chem Power(U.S.) Parallel Battery Pack Company Information
 Table 76. LG Chem Power(U.S.) Parallel Battery Pack Specification and Application
 Table 77. LG Chem Power(U.S.) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 78. LG Chem Power(U.S.) Main Business and Markets Served
 Table 79. LG Chem Power(U.S.) Recent Developments/Updates
 Table 80. Toshiba Corporation(Japan) Parallel Battery Pack Company Information
 Table 81. Toshiba Corporation(Japan) Parallel Battery Pack Specification and Application
 Table 82. Toshiba Corporation(Japan) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 83. Toshiba Corporation(Japan) Main Business and Markets Served
 Table 84. Toshiba Corporation(Japan) Recent Developments/Updates
 Table 85. Hitachi Chemical(Japan) Parallel Battery Pack Company Information
 Table 86. Hitachi Chemical(Japan) Parallel Battery Pack Specification and Application
 Table 87. Hitachi Chemical(Japan) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 88. Hitachi Chemical(Japan) Main Business and Markets Served
 Table 89. Hitachi Chemical(Japan) Recent Developments/Updates
 Table 90. Automotive Energy Supply Corporation(Japan) Parallel Battery Pack Company Information
 Table 91. Automotive Energy Supply Corporation(Japan) Parallel Battery Pack Specification and Application
 Table 92. Automotive Energy Supply Corporation(Japan) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 93. Automotive Energy Supply Corporation(Japan) Main Business and Markets Served
 Table 94. Automotive Energy Supply Corporation(Japan) Recent Developments/Updates
 Table 95. GS Yuasa International Ltd.(Japan) Parallel Battery Pack Company Information
 Table 96. GS Yuasa International Ltd.(Japan) Parallel Battery Pack Specification and Application
 Table 97. GS Yuasa International Ltd.(Japan) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 98. GS Yuasa International Ltd.(Japan) Main Business and Markets Served
 Table 99. GS Yuasa International Ltd.(Japan) Recent Developments/Updates
 Table 100. Johnson Controls(U.S.) Parallel Battery Pack Company Information
 Table 101. Johnson Controls(U.S.) Parallel Battery Pack Specification and Application
 Table 102. Johnson Controls(U.S.) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 103. Johnson Controls(U.S.) Main Business and Markets Served
 Table 104. Johnson Controls(U.S.) Recent Developments/Updates
 Table 105. Shenzhen BAK Battery(China) Parallel Battery Pack Company Information
 Table 106. Shenzhen BAK Battery(China) Parallel Battery Pack Specification and Application
 Table 107. Shenzhen BAK Battery(China) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 108. Shenzhen BAK Battery(China) Main Business and Markets Served
 Table 109. Shenzhen BAK Battery(China) Recent Developments/Updates
 Table 110. Future Hi-Tech Batteries Limited(India) Parallel Battery Pack Company Information
 Table 111. Future Hi-Tech Batteries Limited(India) Parallel Battery Pack Specification and Application
 Table 112. Future Hi-Tech Batteries Limited(India) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 113. Future Hi-Tech Batteries Limited(India) Main Business and Markets Served
 Table 114. Future Hi-Tech Batteries Limited(India) Recent Developments/Updates
 Table 115. BYD(China) Parallel Battery Pack Company Information
 Table 116. BYD(China) Parallel Battery Pack Specification and Application
 Table 117. BYD(China) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 118. BYD(China) Main Business and Markets Served
 Table 119. BYD(China) Recent Developments/Updates
 Table 120. Tianjin Lishen Battery(China) Parallel Battery Pack Company Information
 Table 121. Tianjin Lishen Battery(China) Parallel Battery Pack Specification and Application
 Table 122. Tianjin Lishen Battery(China) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 123. Tianjin Lishen Battery(China) Main Business and Markets Served
 Table 124. Tianjin Lishen Battery(China) Recent Developments/Updates
 Table 125. Amperex Technology(Hong Kong) Parallel Battery Pack Company Information
 Table 126. Amperex Technology(Hong Kong) Parallel Battery Pack Specification and Application
 Table 127. Amperex Technology(Hong Kong) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 128. Amperex Technology(Hong Kong) Main Business and Markets Served
 Table 129. Amperex Technology(Hong Kong) Recent Developments/Updates
 Table 130. Hunan Shanshan Toda Advanced Materials(China) Parallel Battery Pack Company Information
 Table 131. Hunan Shanshan Toda Advanced Materials(China) Parallel Battery Pack Specification and Application
 Table 132. Hunan Shanshan Toda Advanced Materials(China) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 133. Hunan Shanshan Toda Advanced Materials(China) Main Business and Markets Served
 Table 134. Hunan Shanshan Toda Advanced Materials(China) Recent Developments/Updates
 Table 135. Pulead Technology Industry(China) Parallel Battery Pack Company Information
 Table 136. Pulead Technology Industry(China) Parallel Battery Pack Specification and Application
 Table 137. Pulead Technology Industry(China) Parallel Battery Pack Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 138. Pulead Technology Industry(China) Main Business and Markets Served
 Table 139. Pulead Technology Industry(China) Recent Developments/Updates
 Table 140. Key Raw Materials Lists
 Table 141. Raw Materials Key Suppliers Lists
 Table 142. Parallel Battery Pack Distributors List
 Table 143. Parallel Battery Pack Customers List
 Table 144. Parallel Battery Pack Market Trends
 Table 145. Parallel Battery Pack Market Drivers
 Table 146. Parallel Battery Pack Market Challenges
 Table 147. Parallel Battery Pack Market Restraints
 Table 148. Research Programs/Design for This Report
 Table 149. Key Data Information from Secondary Sources
 Table 150. Key Data Information from Primary Sources
 Table 151. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Parallel Battery Pack
 Figure 2. Global Parallel Battery Pack Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Parallel Battery Pack Market Share by Type: 2024 VS 2031
 Figure 4. 5-25 Watts Product Picture
 Figure 5. 48-95 Watts Product Picture
 Figure 6. 18-28 kWh Product Picture
 Figure 7. 100-250 kWh Product Picture
 Figure 8. Global Parallel Battery Pack Market Value by Application, (US$ Million) & (2020-2031)
 Figure 9. Global Parallel Battery Pack Market Share by Application: 2024 VS 2031
 Figure 10. Consumer Electronics
 Figure 11. Automotive
 Figure 12. Medical
 Figure 13. Grid Energy and Industrial
 Figure 14. Others
 Figure 15. Global Parallel Battery Pack Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 16. Global Parallel Battery Pack Production Value (US$ Million) & (2020-2031)
 Figure 17. Global Parallel Battery Pack Production Capacity (K Units) & (2020-2031)
 Figure 18. Global Parallel Battery Pack Production (K Units) & (2020-2031)
 Figure 19. Global Parallel Battery Pack Average Price (USD/Unit) & (2020-2031)
 Figure 20. Parallel Battery Pack Report Years Considered
 Figure 21. Parallel Battery Pack Production Share by Manufacturers in 2024
 Figure 22. Global Parallel Battery Pack Production Value Share by Manufacturers (2024)
 Figure 23. Parallel Battery Pack Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 24. The Global 5 and 10 Largest Players: Market Share by Parallel Battery Pack Revenue in 2024
 Figure 25. Global Parallel Battery Pack Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 26. Global Parallel Battery Pack Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 27. Global Parallel Battery Pack Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 28. Global Parallel Battery Pack Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 29. North America Parallel Battery Pack Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Europe Parallel Battery Pack Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. China Parallel Battery Pack Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 32. Japan Parallel Battery Pack Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 33. Global Parallel Battery Pack Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 34. Global Parallel Battery Pack Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 35. North America Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 36. North America Parallel Battery Pack Consumption Market Share by Country (2020-2031)
 Figure 37. U.S. Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 38. Canada Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 39. Europe Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 40. Europe Parallel Battery Pack Consumption Market Share by Country (2020-2031)
 Figure 41. Germany Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 42. France Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. U.K. Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 44. Italy Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 45. Netherlands Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 46. Asia Pacific Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 47. Asia Pacific Parallel Battery Pack Consumption Market Share by Region (2020-2031)
 Figure 48. China Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. Japan Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. South Korea Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 51. China Taiwan Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 52. Southeast Asia Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 53. India Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 54. Latin America, Middle East & Africa Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 55. Latin America, Middle East & Africa Parallel Battery Pack Consumption Market Share by Country (2020-2031)
 Figure 56. Mexico Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 57. Brazil Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 58. Turkey Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 59. GCC Countries Parallel Battery Pack Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 60. Global Production Market Share of Parallel Battery Pack by Type (2020-2031)
 Figure 61. Global Production Value Market Share of Parallel Battery Pack by Type (2020-2031)
 Figure 62. Global Parallel Battery Pack Price (USD/Unit) by Type (2020-2031)
 Figure 63. Global Production Market Share of Parallel Battery Pack by Application (2020-2031)
 Figure 64. Global Production Value Market Share of Parallel Battery Pack by Application (2020-2031)
 Figure 65. Global Parallel Battery Pack Price (USD/Unit) by Application (2020-2031)
 Figure 66. Parallel Battery Pack Value Chain
 Figure 67. Channels of Distribution (Direct Vs Distribution)
 Figure 68. Bottom-up and Top-down Approaches for This Report
 Figure 69. Data Triangulation
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