The thyristor protectors market is experiencing steady growth driven by increasing demand for reliable surge protection in telecommunications, industrial automation, and consumer electronics. The rapid expansion of 5G infrastructure and smart grid technologies has heightened the need for robust overvoltage protection devices. Additionally, growing adoption of IoT devices and advancements in power electronics are fueling market expansion. Regulatory emphasis on equipment safety and longevity, coupled with rising investments in renewable energy systems, further bolster the demand for thyristor-based protection solutions.