Modernizr is an open-source JavaScript library that helps developers detect the availability of native implementations for next-generation web technologies in users' browsers. Its primary role is to determine whether the current browser supports features like HTML5 and CSS3, allowing developers to conditionally load polyfills or fallbacks when features are not available.

Key Features of Modernizr:

1. Feature Detection: Instead of relying on specific browser versions, Modernizr checks whether a browser supports particular web technologies.
2. Custom Builds: Developers can create custom versions of Modernizr, including only the tests relevant to their project, which helps reduce the library size.
3. CSS Classes: Modernizr automatically adds classes to the HTML element based on feature support, enabling developers to apply specific styles or scripts depending on the browser’s capabilities.
4. Performance: It runs efficiently without impacting the page’s loading time significantly.
5. Polyfills Integration: Modernizr helps integrate polyfills (i.e., JavaScript libraries that replicate missing features in older browsers) based on the results of its feature tests.

Modernizr is widely used in web development to ensure compatibility across a range of browsers, particularly when implementing modern web standards in environments where legacy browser support is required.