IRF540 is an N-Channel powered MOSFET used for very fast switching operations as well as for amplification processes. It operates in enhancement mode. Its input impedance is quite high as compared to the general transistor so, its a lot sensitive in comparison to them. It has a lot of applications in daily life for example, switching regulators, relay drivers, switching converters, motor drivers, high speed power switching drivers etc. You should also have a look at other MOSFETs and can compare their values with IRF540.