LPL is an extraordinarily talented person in picking locks, I presume average thief largely indulges in disruptive attacks provided the lock doesn't have anti-tampering tech (like in digital locks, which are also full of vulnerabilities as shown by LPL) or embedded CCTV.
I agree that there's a need gap and chance for startups to disrupt the lock industry just because most locks can be opened faster than using the key(or biometric) via non destructive attacks. I guess, the growth in CCTV based security startups is likely due to this; CCTV is a good deterrent although there are several need gaps within itself.