This compound is primarily utilized in the field of organic electronics due to its unique photophysical properties. It is often incorporated into the design of organic light-emitting diodes (OLEDs) as an emissive layer material, where its structure helps enhance device efficiency and stability. Additionally, it is studied for its potential use in organic photovoltaics (OPVs) to improve light absorption and charge transport. Its rigid, planar structure also makes it a candidate for use in liquid crystal displays (LCDs) and other optoelectronic applications. Researchers are exploring its derivatives for advanced materials in sensors and imaging technologies.