This compound is primarily used in the field of organic electronics due to its excellent optoelectronic properties. It serves as a key material in the development of organic light-emitting diodes (OLEDs), where it enhances efficiency and stability. Additionally, it is employed in the fabrication of organic photovoltaics (OPVs) to improve light absorption and charge transport. Its unique structure also makes it a candidate for use in sensors and as a fluorescent probe in biological imaging. Researchers explore its potential in advanced materials for energy-efficient displays and renewable energy technologies.