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レポート概要
本書では、AMC CPUカードの世界市場を調査対象にし、AMC CPUカードの市場概要、企業情報、企業別売上・市場シェア、地域別市場分析(北米、アメリカ、ヨーロッパ、アジア、日本、中国、南米、中東・アフリカ)、種類別分析(アドバンストTCA、マイクロTCA)、用途別分析(通信・ネットワークインフラ、産業オートメーション・制御、その他)、市場予測(2021年~2025年)情報などを整理しました。 ・市場概要 ・企業情報:Adax Inc.、Extreme Engineering Solutions Inc.、Advantech Corp.、Mercury Systems Inc.、Emerson Network Power、Kontron AG、GE Intelligent Platforms. ・企業別売上、市場シェア ・AMC CPUカードの地域別市場分析 ・AMC CPUカードの北米市場規模2015-2020:アメリカ、カナダ、メキシコ ・AMC CPUカードのヨーロッパ市場規模2015-2020:ドイツ、イギリス、フランス、ロシアなど ・AMC CPUカードのアジア市場規模2015-2020:日本、中国、韓国、インド、東南アジアなど ・AMC CPUカードの南米市場規模2015-2020:ブラジル、アルゼンチンなど ・AMC CPUカードの中東・アフリカ市場規模2015-2020:サウジアラビア、トルコ、エジプト、南アフリカなど ・AMC CPUカードの種類別市場規模2015-2020:アドバンストTCA、マイクロTCA ・AMC CPUカードの用途別市場規模2015-2020:通信・ネットワークインフラ、産業オートメーション・制御、その他 ・AMC CPUカードの世界市場予測2021-2025:地域別、種類別、用途別 ・調査の結果・結論 |
Market Overview
The AMC CPU Card market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
The global AMC CPU Card market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx%% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019.
Market segmentation
AMC CPU Card market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
By Type, AMC CPU Card market has been segmented into:
AdvancedTCA
MicroTCA
By Application, AMC CPU Card has been segmented into:
Communications and Network Infrastructure
Industrial Automation and Control
Others
Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the global AMC CPU Card market presented in the report. This section sheds light on the sales growth of different regional and country-level AMC CPU Card markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global AMC CPU Card market.
The report offers in-depth assessment of the growth and other aspects of the AMC CPU Card market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Competitive Landscape and AMC CPU Card Market Share Analysis
AMC CPU Card competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, AMC CPU Card sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the AMC CPU Card sales, revenue and market share for each player covered in this report.
The major players covered in AMC CPU Card are:
Adax Inc.
Extreme Engineering Solutions Inc.
Advantech Corp.
Mercury Systems Inc.
Emerson Network Power
Kontron AG
GE Intelligent Platforms.
Among other players domestic and global, AMC CPU Card market share data is available for global, North America, Europe, Asia-Pacific, Middle East & Africa and South America separately. Global Info Research analysts understand competitive strengths and provide competitive analysis for each competitor separately.
1 AMC CPU Card Market Overview
1.1 Product Overview and Scope of AMC CPU Card
1.2 Classification of AMC CPU Card by Type
1.2.1 Global AMC CPU Card Revenue by Type: 2015 VS 2019 VS 2025
1.2.2 Global AMC CPU Card Revenue Market Share by Type in 2019
1.2.3 AdvancedTCA
1.2.4 MicroTCA
1.3 Global AMC CPU Card Market by Application
1.3.1 Overview: Global AMC CPU Card Revenue by Application: 2015 VS 2019 VS 2025
1.3.2 Communications and Network Infrastructure
1.3.3 Industrial Automation and Control
1.3.4 Others
1.4 Global AMC CPU Card Market by Regions
1.4.1 Global AMC CPU Card Market Size by Regions: 2015 VS 2019 VS 2025
1.4.2 Global Market Size of AMC CPU Card (2015-2025)
1.4.3 North America (USA, Canada and Mexico) AMC CPU Card Status and Prospect (2015-2025)
1.4.4 Europe (Germany, France, UK, Russia and Italy) AMC CPU Card Status and Prospect (2015-2025)
1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) AMC CPU Card Status and Prospect (2015-2025)
1.4.6 South America (Brazil, Argentina, Colombia) AMC CPU Card Status and Prospect (2015-2025)
1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) AMC CPU Card Status and Prospect (2015-2025)
2 Company Profiles
2.1 Adax Inc.
2.1.1 Adax Inc. Details
2.1.2 Adax Inc. Major Business
2.1.3 Adax Inc. SWOT Analysis
2.1.4 Adax Inc. Product and Services
2.1.5 Adax Inc. AMC CPU Card Revenue, Gross Margin and Market Share (2018-2019)
2.2 Extreme Engineering Solutions Inc.
2.2.1 Extreme Engineering Solutions Inc. Details
2.2.2 Extreme Engineering Solutions Inc. Major Business
2.2.3 Extreme Engineering Solutions Inc. SWOT Analysis
2.2.4 Extreme Engineering Solutions Inc. Product and Services
2.2.5 Extreme Engineering Solutions Inc. AMC CPU Card Revenue, Gross Margin and Market Share (2018-2019)
2.3 Advantech Corp.
2.3.1 Advantech Corp. Details
2.3.2 Advantech Corp. Major Business
2.3.3 Advantech Corp. SWOT Analysis
2.3.4 Advantech Corp. Product and Services
2.3.5 Advantech Corp. AMC CPU Card Revenue, Gross Margin and Market Share (2018-2019)
2.4 Mercury Systems Inc.
2.4.1 Mercury Systems Inc. Details
2.4.2 Mercury Systems Inc. Major Business
2.4.3 Mercury Systems Inc. SWOT Analysis
2.4.4 Mercury Systems Inc. Product and Services
2.4.5 Mercury Systems Inc. AMC CPU Card Revenue, Gross Margin and Market Share (2018-2019)
2.5 Emerson Network Power
2.5.1 Emerson Network Power Details
2.5.2 Emerson Network Power Major Business
2.5.3 Emerson Network Power SWOT Analysis
2.5.4 Emerson Network Power Product and Services
2.5.5 Emerson Network Power AMC CPU Card Revenue, Gross Margin and Market Share (2018-2019)
2.6 Kontron AG
2.6.1 Kontron AG Details
2.6.2 Kontron AG Major Business
2.6.3 Kontron AG Product and Services
2.6.4 Kontron AG AMC CPU Card Revenue, Gross Margin and Market Share (2018-2019)
2.7 GE Intelligent Platforms.
2.7.1 GE Intelligent Platforms. Details
2.7.2 GE Intelligent Platforms. Major Business
2.7.3 GE Intelligent Platforms. Product and Services
2.7.4 GE Intelligent Platforms. AMC CPU Card Revenue, Gross Margin and Market Share (2018-2019)
3 Market Competition, by Players
3.1 Global AMC CPU Card Revenue and Share by Players (2015-2020)
3.2 Market Concentration Rate
3.2.1 Top 5 AMC CPU Card Players Market Share
3.2.2 Top 10 AMC CPU Card Players Market Share
3.3 Market Competition Trend
4 Market Size by Regions
4.1 Global AMC CPU Card Revenue and Market Share by Regions
4.2 North America AMC CPU Card Revenue and Growth Rate (2015-2020)
4.3 Europe AMC CPU Card Revenue and Growth Rate (2015-2020)
4.4 Asia-Pacific AMC CPU Card Revenue and Growth Rate (2015-2020)
4.5 South America AMC CPU Card Revenue and Growth Rate (2015-2020)
4.6 Middle East & Africa AMC CPU Card Revenue and Growth Rate (2015-2020)
5 North America AMC CPU Card Revenue by Countries
5.1 North America AMC CPU Card Revenue by Countries (2015-2020)
5.2 USA AMC CPU Card Revenue and Growth Rate (2015-2020)
5.3 Canada AMC CPU Card Revenue and Growth Rate (2015-2020)
5.4 Mexico AMC CPU Card Revenue and Growth Rate (2015-2020)
6 Europe AMC CPU Card Revenue by Countries
6.1 Europe AMC CPU Card Revenue by Countries (2015-2020)
6.2 Germany AMC CPU Card Revenue and Growth Rate (2015-2020)
6.3 UK AMC CPU Card Revenue and Growth Rate (2015-2020)
6.4 France AMC CPU Card Revenue and Growth Rate (2015-2020)
6.5 Russia AMC CPU Card Revenue and Growth Rate (2015-2020)
6.6 Italy AMC CPU Card Revenue and Growth Rate (2015-2020)
7 Asia-Pacific AMC CPU Card Revenue by Countries
7.1 Asia-Pacific AMC CPU Card Revenue by Countries (2015-2020)
7.2 China AMC CPU Card Revenue and Growth Rate (2015-2020)
7.3 Japan AMC CPU Card Revenue and Growth Rate (2015-2020)
7.4 Korea AMC CPU Card Revenue and Growth Rate (2015-2020)
7.5 India AMC CPU Card Revenue and Growth Rate (2015-2020)
7.6 Southeast Asia AMC CPU Card Revenue and Growth Rate (2015-2020)
8 South America AMC CPU Card Revenue by Countries
8.1 South America AMC CPU Card Revenue by Countries (2015-2020)
8.2 Brazil AMC CPU Card Revenue and Growth Rate (2015-2020)
8.3 Argentina AMC CPU Card Revenue and Growth Rate (2015-2020)
9 Middle East & Africa Revenue AMC CPU Card by Countries
9.1 Middle East & Africa AMC CPU Card Revenue by Countries (2015-2020)
9.2 Saudi Arabia AMC CPU Card Revenue and Growth Rate (2015-2020)
9.3 UAE AMC CPU Card Revenue and Growth Rate (2015-2020)
9.4 Egypt AMC CPU Card Revenue and Growth Rate (2015-2020)
9.5 South Africa AMC CPU Card Revenue and Growth Rate (2015-2020)
10 Market Size Segment by Type
10.1 Global AMC CPU Card Revenue and Market Share by Type (2015-2020)
10.2 Global AMC CPU Card Market Forecast by Type (2019-2024)
10.3 AdvancedTCA Revenue Growth Rate (2015-2025)
10.4 MicroTCA Revenue Growth Rate (2015-2025)
11 Global AMC CPU Card Market Segment by Application
11.1 Global AMC CPU Card Revenue Market Share by Application (2015-2020)
11.2 AMC CPU Card Market Forecast by Application (2019-2024)
11.3 Communications and Network Infrastructure Revenue Growth (2015-2020)
11.4 Industrial Automation and Control Revenue Growth (2015-2020)
11.5 Others Revenue Growth (2015-2020)
12 Global AMC CPU Card Market Size Forecast (2021-2025)
12.1 Global AMC CPU Card Market Size Forecast (2021-2025)
12.2 Global AMC CPU Card Market Forecast by Regions (2021-2025)
12.3 North America AMC CPU Card Revenue Market Forecast (2021-2025)
12.4 Europe AMC CPU Card Revenue Market Forecast (2021-2025)
12.5 Asia-Pacific AMC CPU Card Revenue Market Forecast (2021-2025)
12.6 South America AMC CPU Card Revenue Market Forecast (2021-2025)
12.7 Middle East & Africa AMC CPU Card Revenue Market Forecast (2021-2025)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
14.3 Disclaimer
14.4 About US
Table 1. Global AMC CPU Card Revenue (USD Million) by Type: 2015 VS 2019 VS 2025
Table 2. Breakdown of AMC CPU Card by Company Type (Tier 1, Tier 2 and Tier 3)
Table 3. Global AMC CPU Card Revenue (USD Million) by Application: 2015 VS 2019 VS 2025
Table 4. Global Market AMC CPU Card Revenue (Million USD) Comparison by Regions 2015-2025
Table 5. Global AMC CPU Card Market Size and Growth Estimation in Various Scenarios in 2020
Table 6. Adax Inc. Corporate Information, Location and Competitors
Table 7. Adax Inc. AMC CPU Card Major Business
Table 8. Adax Inc. AMC CPU Card Total Revenue (USD Million) (2017-2018)
Table 9. Adax Inc. SWOT Analysis
Table 10. Adax Inc. AMC CPU Card Product and Solutions
Table 11. Adax Inc. AMC CPU Card Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 12. Extreme Engineering Solutions Inc. Corporate Information, Location and Competitors
Table 13. Extreme Engineering Solutions Inc. AMC CPU Card Major Business
Table 14. Extreme Engineering Solutions Inc. AMC CPU Card Total Revenue (USD Million) (2018-2019)
Table 15. Extreme Engineering Solutions Inc. SWOT Analysis
Table 16. Extreme Engineering Solutions Inc. AMC CPU Card Product and Solutions
Table 17. Extreme Engineering Solutions Inc. AMC CPU Card Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 18. Advantech Corp. Corporate Information, Location and Competitors
Table 19. Advantech Corp. AMC CPU Card Major Business
Table 20. Advantech Corp. AMC CPU Card Total Revenue (USD Million) (2017-2018)
Table 21. Advantech Corp. SWOT Analysis
Table 22. Advantech Corp. AMC CPU Card Product and Solutions
Table 23. Advantech Corp. AMC CPU Card Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 24. Mercury Systems Inc. Corporate Information, Location and Competitors
Table 25. Mercury Systems Inc. AMC CPU Card Major Business
Table 26. Mercury Systems Inc. AMC CPU Card Total Revenue (USD Million) (2017-2018)
Table 27. Mercury Systems Inc. SWOT Analysis
Table 28. Mercury Systems Inc. AMC CPU Card Product and Solutions
Table 29. Mercury Systems Inc. AMC CPU Card Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 30. Emerson Network Power Corporate Information, Location and Competitors
Table 31. Emerson Network Power AMC CPU Card Major Business
Table 32. Emerson Network Power AMC CPU Card Total Revenue (USD Million) (2017-2018)
Table 33. Emerson Network Power SWOT Analysis
Table 34. Emerson Network Power AMC CPU Card Product and Solutions
Table 35. Emerson Network Power AMC CPU Card Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 36. Kontron AG Corporate Information, Location and Competitors
Table 37. Kontron AG AMC CPU Card Major Business
Table 38. Kontron AG AMC CPU Card Total Revenue (USD Million) (2017-2018)
Table 39. Kontron AG SWOT Analysis
Table 40. Kontron AG AMC CPU Card Product and Solutions
Table 41. Kontron AG AMC CPU Card Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 42. GE Intelligent Platforms. Corporate Information, Location and Competitors
Table 43. GE Intelligent Platforms. AMC CPU Card Major Business
Table 44. GE Intelligent Platforms. AMC CPU Card Total Revenue (USD Million) (2017-2018)
Table 45. GE Intelligent Platforms. SWOT Analysis
Table 46. GE Intelligent Platforms. AMC CPU Card Product and Solutions
Table 47. GE Intelligent Platforms. AMC CPU Card Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 48. Global AMC CPU Card Revenue (Million USD) by Players (2015-2020)
Table 49. Global AMC CPU Card Revenue Share by Players (2015-2020)
Table 50. Global AMC CPU Card Revenue (Million USD) by Regions (2015-2020)
Table 51. Global AMC CPU Card Revenue Market Share by Regions (2015-2020)
Table 52. North America AMC CPU Card Revenue by Countries (2015-2020)
Table 53. North America AMC CPU Card Revenue Market Share by Countries (2015-2020)
Table 54. Europe AMC CPU Card Revenue (Million USD) by Countries (2015-2020)
Table 55. Asia-Pacific AMC CPU Card Revenue (Million USD) by Countries (2015-2020)
Table 56. South America AMC CPU Card Revenue by Countries (2015-2020)
Table 57. South America AMC CPU Card Revenue Market Share by Countries (2015-2020)
Table 58. Middle East and Africa AMC CPU Card Revenue (Million USD) by Countries (2015-2020)
Table 59. Middle East and Africa AMC CPU Card Revenue Market Share by Countries (2015-2020)
Table 60. Global AMC CPU Card Revenue (Million USD) by Type (2015-2020)
Table 61. Global AMC CPU Card Revenue Share by Type (2015-2020)
Table 62. Global AMC CPU Card Revenue Forecast by Type (2021-2025)
Table 63. Global AMC CPU Card Revenue by Application (2015-2020)
Table 64. Global AMC CPU Card Revenue Share by Application (2015-2020)
Table 65. Global AMC CPU Card Revenue Forecast by Application (2021-2025)
Table 66. Global AMC CPU Card Revenue (Million USD) Forecast by Regions (2021-2025)
List of Figures
Figure 1. AMC CPU Card Picture
Figure 2. Global AMC CPU Card Revenue Market Share by Type in 2019
Figure 3. AdvancedTCA Picture
Figure 4. MicroTCA Picture
Figure 5. AMC CPU Card Revenue Market Share by Application in 2019
Figure 6. Communications and Network Infrastructure Picture
Figure 7. Industrial Automation and Control Picture
Figure 8. Others Picture
Figure 9. Global AMC CPU Card Revenue (USD Million) and Growth Rate (2015-2025)
Figure 10. North America AMC CPU Card Revenue (Million USD) and Growth Rate (2015-2025)
Figure 11. Europe AMC CPU Card Revenue (Million USD) and Growth Rate (2015-2025)
Figure 12. Asia-Pacific AMC CPU Card Revenue (Million USD) and Growth Rate (2015-2025)
Figure 13. South America AMC CPU Card Revenue (Million USD) and Growth Rate (2015-2025)
Figure 14. Middle East and Africa AMC CPU Card Revenue (Million USD) and Growth Rate (2015-2025)
Figure 15. Global AMC CPU Card Revenue (Million USD) and Growth Rate (2015-2025)
Figure 16. Global AMC CPU Card Revenue Share by Players in 2019
Figure 17. Global Top 5 Players AMC CPU Card Revenue Market Share in 2019
Figure 18. Global Top 10 Players AMC CPU Card Revenue Market Share in 2019
Figure 19. Key Players Market Share Trend
Figure 20. Global AMC CPU Card Revenue (Million USD) and Growth Rate (%) (2015-2020)
Figure 21. Global AMC CPU Card Revenue Market Share by Regions (2015-2020)
Figure 22. Global AMC CPU Card Revenue Market Share by Regions in 2018
Figure 23. North America AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 24. Europe AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 25. Asia-Pacific AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 26. South America AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 27. Middle East and Africa AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 28. North America AMC CPU Card Revenue Market Share by Countries (2015-2020)
Figure 29. North America AMC CPU Card Revenue Market Share by Countries in 2019
Figure 30. USA AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 31. Canada AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 32. Mexico AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 33. Europe AMC CPU Card Revenue Market Share by Countries (2015-2020)
Figure 34. Europe AMC CPU Card Revenue Market Share by Countries in 2019
Figure 35. Germany AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 36. UK AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 37. France AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 38. Russia AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 39. Italy AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 40. Asia-Pacific AMC CPU Card Revenue Market Share by Countries (2015-2020)
Figure 41. Asia-Pacific AMC CPU Card Revenue Market Share by Countries in 2019
Figure 42. China AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 43. Japan AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 44. Korea AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 45. India AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 46. Southeast Asia AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 47. South America AMC CPU Card Revenue Market Share by Countries (2015-2020)
Figure 48. South America AMC CPU Card Revenue Market Share by Countries in 2019
Figure 49. Brazil AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 50. Argentina AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 51. Middle East and Africa AMC CPU Card Revenue Market Share by Countries (2015-2020)
Figure 52. Middle East and Africa AMC CPU Card Revenue Market Share by Countries in 2019
Figure 53. Saudi Arabia AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 54. UAE AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 55. Egypt AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 56. South Africa AMC CPU Card Revenue and Growth Rate (2015-2020)
Figure 57. Global AMC CPU Card Revenue Share by Type (2015-2020)
Figure 58. Global AMC CPU Card Revenue Share by Type in 2019
Figure 59. Global AMC CPU Card Market Share Forecast by Type (2021-2025)
Figure 60. Global AdvancedTCA Revenue Growth Rate (2015-2020)
Figure 61. Global MicroTCA Revenue Growth Rate (2015-2020)
Figure 62. Global AMC CPU Card Revenue Share by Application (2015-2020)
Figure 63. Global AMC CPU Card Revenue Share by Application in 2019
Figure 64. Global AMC CPU Card Market Share Forecast by Application (2021-2025)
Figure 65. Global Communications and Network Infrastructure Revenue Growth Rate (2015-2020)
Figure 66. Global Industrial Automation and Control Revenue Growth Rate (2015-2020)
Figure 67. Global Others Revenue Growth Rate (2015-2020)
Figure 68. Global AMC CPU Card Revenue (Million USD) and Growth Rate Forecast (2021-2025)
Figure 69. Global AMC CPU Card Revenue (Million USD) Forecast by Regions (2021-2025)
Figure 70. Global AMC CPU Card Revenue Market Share Forecast by Regions (2021-2025)
Figure 71. North America AMC CPU Card Revenue Market Forecast (2021-2025)
Figure 72. Europe AMC CPU Card Revenue Market Forecast (2021-2025)
Figure 73. Asia-Pacific AMC CPU Card Revenue Market Forecast (2021-2025)
Figure 74. South America AMC CPU Card Revenue Market Forecast (2021-2025)
Figure 75. Middle East and Africa AMC CPU Card Revenue Market Forecast (2021-2025)
Figure 76. Sales Channel: Direct Channel vs Indirect Channel