This compound is primarily utilized in the field of organic synthesis, particularly in cross-coupling reactions, where it serves as a key intermediate. Its boronic acid functional group enables it to participate in Suzuki-Miyaura reactions, facilitating the formation of carbon-carbon bonds in the synthesis of complex organic molecules. This makes it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its piperidine moiety can contribute to the biological activity of the final compounds, making it relevant in drug discovery and medicinal chemistry. Its application is also explored in the development of sensors and catalysts due to its unique structural properties.