Global Physical Security Market for LiDAR Sensors to Exceed $6 Billion by 2030

  • Apr 30, 2024

Enhancing physical security, especially perimeter intrusion detection (PID) at critical infrastructure sites like airports, data centers, warehouses, and utilities, is increasingly crucial due to growing threats such as theft, protests, sabotage, terrorism, and war. In its latest whitepaper, Quanergy 3D LiDAR Solutions Redefining the Physical Security of Critical Infrastructure, global technology intelligence firm ABI Research forecasts the worldwide physical security market for LiDAR sensors will surpass 3 million total installations by 2030, with water infrastructure leading the segment. The yearly revenue opportunity will exceed US$6 billion in 2030.

“Physical security, specifically PID, encompasses controlling access for both individuals and vehicles into secured areas, as well as preventing objects from being thrown or passed across perimeter boundaries. Moreover, physical breaches often precede cyberattacks, underscoring the importance of intrusion detection in combating cyberthreats,” explains Dominique Bonte, Vice President, End markets, at ABI Research.

Current security solutions relying on cameras and/or radar struggle to effectively detect and track intruders, and produce numerous false alerts, leading to higher operating costs and alarm fatigue. These legacy two-dimensional (2D) technologies lack accuracy and perform poorly in low light and adverse weather conditions, resulting in missed events, increased liabilities, and high cost of ownership.

According to Bonte, “Three-dimensional (3D) LiDAR offers robust, reliable, and high-precision detection and tracking employing mesh architecture at an overall lower total cost of ownership (TCO), allowing security personnel and critical infrastructure to increase the effectiveness, while reducing the cost associated with manned guard services.”

Featured

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

  • Beyond Apps: Access Control for Today’s Residents

    The modern resident lives in an app-saturated world. From banking to grocery delivery, fitness tracking to ridesharing, nearly every service demands another download. But when it comes to accessing the place you live, most people do not want to clutter their phone with yet another app, especially if its only purpose is to open a door. Read Now

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

  • AI Used as Part of Sophisticated Espionage Campaign

    A cybersecurity inflection point has been reached in which AI models has become genuinely useful in cybersecurity operation. But to no surprise, they can used for both good works and ill will. Systemic evaluations show cyber capabilities double in six months, and they have been tracking real-world cyberattacks showing how malicious actors were using AI capabilities. These capabilities were predicted and are expected to evolve, but what stood out for researchers was how quickly they have done so, at scale. Read Now

  • Why the Future of Video Security Is Happening Outside the Cloud

    For years, the cloud has captivated the physical security industry. And for good reasons. Remote access, elastic scalability and simplified maintenance reshaped how we think about deploying and managing systems. Read Now

Most   Popular

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.

  • Mobile Safe Shield

    Mobile Safe Shield

    SafeWood Designs, Inc., a manufacturer of patented bullet resistant products, is excited to announce the launch of the Mobile Safe Shield. The Mobile Safe Shield is a moveable bullet resistant shield that provides protection in the event of an assailant and supplies cover in the event of an active shooter. With a heavy-duty steel frame, quality castor wheels, and bullet resistant core, the Mobile Safe Shield is a perfect addition to any guard station, security desks, courthouses, police stations, schools, office spaces and more. The Mobile Safe Shield is incredibly customizable. Bullet resistant materials are available in UL 752 Levels 1 through 8 and include glass, white board, tack board, veneer, and plastic laminate. Flexibility in bullet resistant materials allows for the Mobile Safe Shield to blend more with current interior décor for a seamless design aesthetic. Optional custom paint colors are also available for the steel frame.