Hooke's Law is widely applied in various modern technologies, particularly in the design of springs and elastic materials. It is crucial in devices like galvanometers, which measure electrical current by utilizing the principle of elasticity. Additionally, Hooke's Law is relevant in fields such as mechanical engineering, where it helps in analyzing stress and strain in materials. The law also finds applications in areas like automotive suspension systems and seismic engineering. Overall, Hooke's Law remains a fundamental principle in understanding and designing systems that involve stretching and compressing materials.