This compound is primarily utilized in the development of advanced optoelectronic materials. It serves as a key component in organic light-emitting diodes (OLEDs) due to its ability to enhance efficiency and stability in light emission. The spiro structure of the molecule contributes to its thermal and morphological stability, making it suitable for high-performance displays and lighting systems. Additionally, it is explored in the field of organic photovoltaics for improving the efficiency of solar cells by optimizing light absorption and charge transport properties. Its unique electronic properties also make it a candidate for use in sensors and other electronic devices requiring precise optical characteristics.