It's not all about economics either; I can read a 7-seg display from clear across a factory floor from almost any angle in the dark.
Try reading those low-cost LCDs in the same conditions (the dark is worse, because the LCD doesn't have a true black so the contrast is lower).
Ironically, this is true at lower power/brightness than higher. A few gas stations near me got newer super-bright displays and you can no longer make them out at a distance.
Is it dark when you are on your factory floor? And what is it that you need to read across the factory floor?
Some equipment is placed directly under bright lights.
> And what is it that you need to read across the factory floor?
I don't understand the question. I mean, machines in a factory display something for the operator. If a machine doesn't need to display anything, why have a conversation about 7-seg LED vs LCD?
Are we comparing here pixel-matrix LCD screens with 7-segment screens?
And as a bonus, you don't have to involve anymore UI/UX design than to answer the question "what number should go here?"