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統合製油所情報システムの世界市場2020年:企業別、地域別、種類・用途別

• 英文タイトル:Global Integrated Refinery Information System Market 2020 by Company, Regions, Type and Application, Forecast to 2025

GlobalInfoResearchが調査・発行した産業分析レポートです。統合製油所情報システムの世界市場2020年:企業別、地域別、種類・用途別 / Global Integrated Refinery Information System Market 2020 by Company, Regions, Type and Application, Forecast to 2025 / D0GIR-00824資料のイメージです。• レポートコード:D0GIR-00824
• 出版社/出版日:GlobalInfoResearch / 2020年9月18日
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レポート概要
本調査レポートでは、統合製油所情報システムの世界市場を広く調査・分析し、今後の市場展望をまとめております。統合製油所情報システムの種類別市場規模(P&ID、電気、土木・機械)、用途別市場規模(企業資産管理、HSE管理、機器管理、ラボ情報管理、ドキュメント管理)、地域別市場規模(北米、アメリカ、ヨーロッパ、アジア、中国、日本、東南アジア、南米、中東、アフリカなど)、市場動向、企業別販売量と市場シェアなどの情報を掲載しています。
・市場概要
・企業情報(販売量、市場シェア、製品概要、SWOT分析):Honeywell、Rockwell Automation、SATORP、Infosys、Wipro
・地域別グローバル市場分析 2015年-2020年
・統合製油所情報システムの北米市場(アメリカ、カナダ、メキシコ)
・統合製油所情報システムのヨーロッパ市場(ドイツ、イギリス、フランス、ロシア、イタリア)
・統合製油所情報システムのアジア市場(中国、日本、韓国、インド、東南アジア、オーストラリア)
・統合製油所情報システムの南米市場(ブラジル、アルゼンチン)
・統合製油所情報システムの中東・アフリカ市場(サウジアラビア、トルコ、エジプト、南アフリカ)
・種類別分析:P&ID、電気、土木・機械
・用途別分析:企業資産管理、HSE管理、機器管理、ラボ情報管理、ドキュメント管理
・地域別市場規模予測 2021年-2025年
・調査の結果・結論

Market Overview
The global Integrated Refinery Information System 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.

The Integrated Refinery Information System 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.

Market segmentation
Integrated Refinery Information System 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, Integrated Refinery Information System market has been segmented into:
P&ID
Electrical
Civil & Mechanical

By Application, Integrated Refinery Information System has been segmented into:
Enterprise Asset Management
HSE Management
Instrument Management
Laboratory Information Management
Document Management

Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the global Integrated Refinery Information System market presented in the report. This section sheds light on the sales growth of different regional and country-level Integrated Refinery Information System 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 Integrated Refinery Information System market.

The report offers in-depth assessment of the growth and other aspects of the Integrated Refinery Information System 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 Integrated Refinery Information System Market Share Analysis
Integrated Refinery Information System competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Integrated Refinery Information System sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the Integrated Refinery Information System sales, revenue and market share for each player covered in this report.

The major players covered in Integrated Refinery Information System are:
Honeywell
Rockwell Automation
SATORP
Infosys
Wipro

レポート目次

Table of Contents

1 Integrated Refinery Information System Market Overview
1.1 Product Overview and Scope of Integrated Refinery Information System
1.2 Classification of Integrated Refinery Information System by Type
1.2.1 Global Integrated Refinery Information System Revenue by Type: 2015 VS 2019 VS 2025
1.2.2 Global Integrated Refinery Information System Revenue Market Share by Type in 2019
1.2.3 P&ID
1.2.4 Electrical
1.2.5 Civil & Mechanical
1.3 Global Integrated Refinery Information System Market by Application
1.3.1 Overview: Global Integrated Refinery Information System Revenue by Application: 2015 VS 2019 VS 2025
1.3.2 Enterprise Asset Management
1.3.3 HSE Management
1.3.4 Instrument Management
1.3.5 Laboratory Information Management
1.3.6 Document Management
1.4 Global Integrated Refinery Information System Market by Regions
1.4.1 Global Integrated Refinery Information System Market Size by Regions: 2015 VS 2019 VS 2025
1.4.2 Global Market Size of Integrated Refinery Information System (2015-2025)
1.4.3 North America (USA, Canada and Mexico) Integrated Refinery Information System Status and Prospect (2015-2025)
1.4.4 Europe (Germany, France, UK, Russia and Italy) Integrated Refinery Information System Status and Prospect (2015-2025)
1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Integrated Refinery Information System Status and Prospect (2015-2025)
1.4.6 South America (Brazil, Argentina, Colombia) Integrated Refinery Information System Status and Prospect (2015-2025)
1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Integrated Refinery Information System Status and Prospect (2015-2025)
2 Company Profiles
2.1 Honeywell
2.1.1 Honeywell Details
2.1.2 Honeywell Major Business and Total Revenue (Financial Highlights) Analysis
2.1.3 Honeywell SWOT Analysis
2.1.4 Honeywell Product and Services
2.1.5 Honeywell Integrated Refinery Information System Revenue, Gross Margin and Market Share (2018-2019)
2.2 Rockwell Automation
2.2.1 Rockwell Automation Details
2.2.2 Rockwell Automation Major Business and Total Revenue (Financial Highlights) Analysis
2.2.3 Rockwell Automation SWOT Analysis
2.2.4 Rockwell Automation Product and Services
2.2.5 Rockwell Automation Integrated Refinery Information System Revenue, Gross Margin and Market Share (2018-2019)
2.3 SATORP
2.3.1 SATORP Details
2.3.2 SATORP Major Business and Total Revenue (Financial Highlights) Analysis
2.3.3 SATORP SWOT Analysis
2.3.4 SATORP Product and Services
2.3.5 SATORP Integrated Refinery Information System Revenue, Gross Margin and Market Share (2018-2019)
2.4 Infosys
2.4.1 Infosys Details
2.4.2 Infosys Major Business and Total Revenue (Financial Highlights) Analysis
2.4.3 Infosys SWOT Analysis
2.4.4 Infosys Product and Services
2.4.5 Infosys Integrated Refinery Information System Revenue, Gross Margin and Market Share (2018-2019)
2.5 Wipro
2.5.1 Wipro Details
2.5.2 Wipro Major Business and Total Revenue (Financial Highlights) Analysis
2.5.3 Wipro SWOT Analysis
2.5.4 Wipro Product and Services
2.5.5 Wipro Integrated Refinery Information System Revenue, Gross Margin and Market Share (2018-2019)
3 Market Competition, by Players
3.1 Global Integrated Refinery Information System Revenue and Share by Players (2015-2020)
3.2 Market Concentration Rate
3.2.1 Top 5 Integrated Refinery Information System Players Market Share
3.2.2 Top 10 Integrated Refinery Information System Players Market Share
3.3 Market Competition Trend
4 Market Size by Regions
4.1 Global Integrated Refinery Information System Revenue and Market Share by Regions
4.2 North America Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
4.3 Europe Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
4.4 Asia-Pacific Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
4.5 South America Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
4.6 Middle East & Africa Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
5 North America Integrated Refinery Information System Revenue by Countries
5.1 North America Integrated Refinery Information System Revenue by Countries (2015-2020)
5.2 USA Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
5.3 Canada Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
5.4 Mexico Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
6 Europe Integrated Refinery Information System Revenue by Countries
6.1 Europe Integrated Refinery Information System Revenue by Countries (2015-2020)
6.2 Germany Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
6.3 UK Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
6.4 France Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
6.5 Russia Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
6.6 Italy Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
7 Asia-Pacific Integrated Refinery Information System Revenue by Countries
7.1 Asia-Pacific Integrated Refinery Information System Revenue by Countries (2015-2020)
7.2 China Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
7.3 Japan Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
7.4 Korea Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
7.5 India Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
7.6 Southeast Asia Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
8 South America Integrated Refinery Information System Revenue by Countries
8.1 South America Integrated Refinery Information System Revenue by Countries (2015-2020)
8.2 Brazil Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
8.3 Argentina Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
9 Middle East & Africa Revenue Integrated Refinery Information System by Countries
9.1 Middle East & Africa Integrated Refinery Information System Revenue by Countries (2015-2020)
9.2 Saudi Arabia Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
9.3 UAE Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
9.4 Egypt Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
9.5 South Africa Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
10 Market Size Segment by Type
10.1 Global Integrated Refinery Information System Revenue and Market Share by Type (2015-2020)
10.2 Global Integrated Refinery Information System Market Forecast by Type (2019-2024)
10.3 P&ID Revenue Growth Rate (2015-2025)
10.4 Electrical Revenue Growth Rate (2015-2025)
10.5 Civil & Mechanical Revenue Growth Rate (2015-2025)
11 Global Integrated Refinery Information System Market Segment by Application
11.1 Global Integrated Refinery Information System Revenue Market Share by Application (2015-2020)
11.2 Integrated Refinery Information System Market Forecast by Application (2019-2024)
11.3 Enterprise Asset Management Revenue Growth (2015-2020)
11.4 HSE Management Revenue Growth (2015-2020)
11.5 Instrument Management Revenue Growth (2015-2020)
11.6 Laboratory Information Management Revenue Growth (2015-2020)
11.7 Document Management Revenue Growth (2015-2020)
12 Global Integrated Refinery Information System Market Size Forecast (2021-2025)
12.1 Global Integrated Refinery Information System Market Size Forecast (2021-2025)
12.2 Global Integrated Refinery Information System Market Forecast by Regions (2021-2025)
12.3 North America Integrated Refinery Information System Revenue Market Forecast (2021-2025)
12.4 Europe Integrated Refinery Information System Revenue Market Forecast (2021-2025)
12.5 Asia-Pacific Integrated Refinery Information System Revenue Market Forecast (2021-2025)
12.6 South America Integrated Refinery Information System Revenue Market Forecast (2021-2025)
12.7 Middle East & Africa Integrated Refinery Information System 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

List of Tables

Table 1. Global Integrated Refinery Information System Revenue (USD Million) by Type: 2015 VS 2019 VS 2025
Table 2. Breakdown of Integrated Refinery Information System by Company Type (Tier 1, Tier 2 and Tier 3)
Table 3. Global Integrated Refinery Information System Revenue (USD Million) by Application: 2015 VS 2019 VS 2025
Table 4. Global Market Integrated Refinery Information System Revenue (Million USD) Comparison by Regions 2015-2025
Table 5. Honeywell Corporate Information, Location and Competitors
Table 6. Honeywell Integrated Refinery Information System Major Business
Table 7. Honeywell Integrated Refinery Information System Total Revenue (USD Million) (2017-2018)
Table 8. Honeywell SWOT Analysis
Table 9. Honeywell Integrated Refinery Information System Product and Solutions
Table 10. Honeywell Integrated Refinery Information System Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 11. Rockwell Automation Corporate Information, Location and Competitors
Table 12. Rockwell Automation Integrated Refinery Information System Major Business
Table 13. Rockwell Automation Integrated Refinery Information System Total Revenue (USD Million) (2018-2019)
Table 14. Rockwell Automation SWOT Analysis
Table 15. Rockwell Automation Integrated Refinery Information System Product and Solutions
Table 16. Rockwell Automation Integrated Refinery Information System Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 17. SATORP Corporate Information, Location and Competitors
Table 18. SATORP Integrated Refinery Information System Major Business
Table 19. SATORP Integrated Refinery Information System Total Revenue (USD Million) (2017-2018)
Table 20. SATORP SWOT Analysis
Table 21. SATORP Integrated Refinery Information System Product and Solutions
Table 22. SATORP Integrated Refinery Information System Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 23. Infosys Corporate Information, Location and Competitors
Table 24. Infosys Integrated Refinery Information System Major Business
Table 25. Infosys Integrated Refinery Information System Total Revenue (USD Million) (2017-2018)
Table 26. Infosys SWOT Analysis
Table 27. Infosys Integrated Refinery Information System Product and Solutions
Table 28. Infosys Integrated Refinery Information System Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 29. Wipro Corporate Information, Location and Competitors
Table 30. Wipro Integrated Refinery Information System Major Business
Table 31. Wipro Integrated Refinery Information System Total Revenue (USD Million) (2017-2018)
Table 32. Wipro SWOT Analysis
Table 33. Wipro Integrated Refinery Information System Product and Solutions
Table 34. Wipro Integrated Refinery Information System Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 35. Global Integrated Refinery Information System Revenue (Million USD) by Players (2015-2020)
Table 36. Global Integrated Refinery Information System Revenue Share by Players (2015-2020)
Table 37. Global Integrated Refinery Information System Revenue (Million USD) by Regions (2015-2020)
Table 38. Global Integrated Refinery Information System Revenue Market Share by Regions (2015-2020)
Table 39. North America Integrated Refinery Information System Revenue by Countries (2015-2020)
Table 40. North America Integrated Refinery Information System Revenue Market Share by Countries (2015-2020)
Table 41. Europe Integrated Refinery Information System Revenue (Million USD) by Countries (2015-2020)
Table 42. Asia-Pacific Integrated Refinery Information System Revenue (Million USD) by Countries (2015-2020)
Table 43. South America Integrated Refinery Information System Revenue by Countries (2015-2020)
Table 44. South America Integrated Refinery Information System Revenue Market Share by Countries (2015-2020)
Table 45. Middle East and Africa Integrated Refinery Information System Revenue (Million USD) by Countries (2015-2020)
Table 46. Middle East and Africa Integrated Refinery Information System Revenue Market Share by Countries (2015-2020)
Table 47. Global Integrated Refinery Information System Revenue (Million USD) by Type (2015-2020)
Table 48. Global Integrated Refinery Information System Revenue Share by Type (2015-2020)
Table 49. Global Integrated Refinery Information System Revenue Forecast by Type (2021-2025)
Table 50. Global Integrated Refinery Information System Revenue by Application (2015-2020)
Table 51. Global Integrated Refinery Information System Revenue Share by Application (2015-2020)
Table 52. Global Integrated Refinery Information System Revenue Forecast by Application (2021-2025)
Table 53. Global Integrated Refinery Information System Revenue (Million USD) Forecast by Regions (2021-2025)
List of Figures
Figure 1. Integrated Refinery Information System Picture
Figure 2. Global Integrated Refinery Information System Revenue Market Share by Type in 2019
Figure 3. P&ID Picture
Figure 4. Electrical Picture
Figure 5. Civil & Mechanical Picture
Figure 6. Integrated Refinery Information System Revenue Market Share by Application in 2019
Figure 7. Enterprise Asset Management Picture
Figure 8. HSE Management Picture
Figure 9. Instrument Management Picture
Figure 10. Laboratory Information Management Picture
Figure 11. Document Management Picture
Figure 12. Global Integrated Refinery Information System Revenue (USD Million) and Growth Rate (2015-2025)
Figure 13. North America Integrated Refinery Information System Revenue (Million USD) and Growth Rate (2015-2025)
Figure 14. Europe Integrated Refinery Information System Revenue (Million USD) and Growth Rate (2015-2025)
Figure 15. Asia-Pacific Integrated Refinery Information System Revenue (Million USD) and Growth Rate (2015-2025)
Figure 16. South America Integrated Refinery Information System Revenue (Million USD) and Growth Rate (2015-2025)
Figure 17. Middle East and Africa Integrated Refinery Information System Revenue (Million USD) and Growth Rate (2015-2025)
Figure 18. Global Integrated Refinery Information System Revenue (Million USD) and Growth Rate (2015-2025)
Figure 19. Global Integrated Refinery Information System Revenue Share by Players in 2019
Figure 20. Global Top 5 Players Integrated Refinery Information System Revenue Market Share in 2019
Figure 21. Global Top 10 Players Integrated Refinery Information System Revenue Market Share in 2019
Figure 22. Key Players Market Share Trend
Figure 23. Global Integrated Refinery Information System Revenue (Million USD) and Growth Rate (%) (2015-2020)
Figure 24. Global Integrated Refinery Information System Revenue Market Share by Regions (2015-2020)
Figure 25. Global Integrated Refinery Information System Revenue Market Share by Regions in 2018
Figure 26. North America Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 27. Europe Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 28. Asia-Pacific Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 29. South America Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 30. Middle East and Africa Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 31. North America Integrated Refinery Information System Revenue Market Share by Countries (2015-2020)
Figure 32. North America Integrated Refinery Information System Revenue Market Share by Countries in 2019
Figure 33. USA Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 34. Canada Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 35. Mexico Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 36. Europe Integrated Refinery Information System Revenue Market Share by Countries (2015-2020)
Figure 37. Europe Integrated Refinery Information System Revenue Market Share by Countries in 2019
Figure 38. Germany Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 39. UK Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 40. France Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 41. Russia Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 42. Italy Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 43. Asia-Pacific Integrated Refinery Information System Revenue Market Share by Countries (2015-2020)
Figure 44. Asia-Pacific Integrated Refinery Information System Revenue Market Share by Countries in 2019
Figure 45. China Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 46. Japan Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 47. Korea Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 48. India Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 49. Southeast Asia Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 50. South America Integrated Refinery Information System Revenue Market Share by Countries (2015-2020)
Figure 51. South America Integrated Refinery Information System Revenue Market Share by Countries in 2019
Figure 52. Brazil Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 53. Argentina Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 54. Middle East and Africa Integrated Refinery Information System Revenue Market Share by Countries (2015-2020)
Figure 55. Middle East and Africa Integrated Refinery Information System Revenue Market Share by Countries in 2019
Figure 56. Saudi Arabia Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 57. UAE Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 58. Egypt Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 59. South Africa Integrated Refinery Information System Revenue and Growth Rate (2015-2020)
Figure 60. Global Integrated Refinery Information System Revenue Share by Type (2015-2020)
Figure 61. Global Integrated Refinery Information System Revenue Share by Type in 2019
Figure 62. Global Integrated Refinery Information System Market Share Forecast by Type (2021-2025)
Figure 63. Global P&ID Revenue Growth Rate (2015-2020)
Figure 64. Global Electrical Revenue Growth Rate (2015-2020)
Figure 65. Global Civil & Mechanical Revenue Growth Rate (2015-2020)
Figure 66. Global Integrated Refinery Information System Revenue Share by Application (2015-2020)
Figure 67. Global Integrated Refinery Information System Revenue Share by Application in 2019
Figure 68. Global Integrated Refinery Information System Market Share Forecast by Application (2021-2025)
Figure 69. Global Enterprise Asset Management Revenue Growth Rate (2015-2020)
Figure 70. Global HSE Management Revenue Growth Rate (2015-2020)
Figure 71. Global Instrument Management Revenue Growth Rate (2015-2020)
Figure 72. Global Laboratory Information Management Revenue Growth Rate (2015-2020)
Figure 73. Global Document Management Revenue Growth Rate (2015-2020)
Figure 74. Global Integrated Refinery Information System Revenue (Million USD) and Growth Rate Forecast (2021-2025)
Figure 75. Global Integrated Refinery Information System Revenue (Million USD) Forecast by Regions (2021-2025)
Figure 76. Global Integrated Refinery Information System Revenue Market Share Forecast by Regions (2021-2025)
Figure 77. North America Integrated Refinery Information System Revenue Market Forecast (2021-2025)
Figure 78. Europe Integrated Refinery Information System Revenue Market Forecast (2021-2025)
Figure 79. Asia-Pacific Integrated Refinery Information System Revenue Market Forecast (2021-2025)
Figure 80. South America Integrated Refinery Information System Revenue Market Forecast (2021-2025)
Figure 81. Middle East and Africa Integrated Refinery Information System Revenue Market Forecast (2021-2025)
Figure 82. Sales Channel: Direct Channel vs Indirect Channel