Single 2:4 decoder in a tiny 8-pin package
The SN74LVC1G139DCUR: The 32 mA output drive per channel is enough to directly sink a small relay or a bank of LEDs without a buffer stage.
Supply range and temperature — fits industrial panels
The 1.65 V minimum supply means it can work alongside newer low-voltage MCUs (1.8 V core) while still tolerating legacy 5 V logic on the same rail. No level-shifter needed between a 3.3 V FPGA and a 5 V peripheral — the decoder sits right in the middle.
The 74LVC series is a mature logic family, and the SN74LVC1G139DCUR is a standard catalog item with no exotic process or package.