This chemical is primarily utilized in the development of perovskite solar cells, which are known for their high efficiency and cost-effectiveness in converting sunlight into electricity. Its application extends to the creation of light-emitting diodes (LEDs), where it contributes to the production of bright and energy-efficient lighting solutions. Additionally, it is explored in the field of photodetectors, enhancing the sensitivity and performance of devices that detect light and convert it into electrical signals. Its unique properties also make it a candidate for use in various optoelectronic applications, including lasers and sensors, where precise light manipulation and detection are crucial.