This compound is primarily utilized in the field of organic electronics and photonics due to its unique optical properties. It serves as a key component in the development of liquid crystal displays (LCDs), where its ability to align in specific orientations under electric fields enhances display clarity and efficiency. Additionally, it is employed in the synthesis of advanced materials for nonlinear optical applications, contributing to the creation of devices like optical switches and modulators. Its photoresponsive nature also makes it suitable for use in light-sensitive coatings and sensors, enabling precise detection and measurement of light intensity. Furthermore, it finds application in research as a model compound for studying molecular interactions and phase transitions in liquid crystals.