This compound is primarily utilized in advanced optical applications due to its luminescent properties. It is often employed in the development of high-performance organic light-emitting diodes (OLEDs) and other photonic devices. The europium ion in the complex provides strong red emission, making it suitable for use in display technologies and lighting systems where precise color rendering is critical. Additionally, it is used in research for designing sensors and probes that detect specific ions or molecules, leveraging its ability to exhibit changes in luminescence upon interaction with target analytes. Its stability and efficient energy transfer characteristics also make it a candidate for use in anti-counterfeiting measures, such as in security inks or markers.