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Napco Security Technologies inc  (NSSC)
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    Sector  Technology    Industry Communications Equipment

Napco Security Technologies Inc's

Competitiveness


 

NSSC Sales vs. its Competitors Q3 2023







Revenue Growth Comparisons




Net Income Comparison




<<  NSSC Stock Performance Comparisons


Napco Security Technologies Inc's Comment on Competitors and Industry Peers


The security products industry is highly competitive. The Companys primary competitors are comprised of approximately 20 other companies that manufacture and market security equipment to distributors, dealers, central stations and original equipment manufacturers. The Company believes that no one of these competitors is dominant in the industry. Most of these companies have substantially greater financial and other resources than the Company.

The Company competes primarily on the basis of the features, quality, reliability and pricing of, and the incorporation of the latest innovative and technological advances into, its Products. The Company also competes by offering technical support services to its customers. In addition, the Company competes on the basis of its expertise, its proven products, its reputation and its ability to provide Products to customers on a timely basis. The inability of the Company to compete with respect to any one or more of the aforementioned factors could have an adverse impact on the Companys business.

Relatively low-priced "do-it-yourself" alarm system products are available to the public at retail stores. The Company believes that these products compete with the Company only to a limited extent because they appeal primarily to the "do-it-yourself" segment of the market. Purchasers of such systems do not receive professional consultation, installation, service or the sophistication that the Companys Products provide.





*Market share is calculated based on total revenue.





Who are Napco Security Technologies inc's Competitors?





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