We suggest a model of q-deformed rotating oscillator which possesses the symmetry of quantum group and point out that this model can be used to describe the vibrational and rotational structures of many microscopic systems. We construct the representation of q-oscilla or algebra and give energy values of q-oscillaor in this representation. It is shown that the q-oscillator spectra can be used to describe infrared spectra, Raman spectra and vibrational structure of electronic transitions of diatomic molecules.