What are there advantages to using Static Text instead of Label in Delphi?

At work, we use a TStaticText when we want our UI automation testing tool to 'read' the text of a "label". Most of the interaction is done by Windows API messaging, so a TStaticText will respond to GetWindowText, while a TLabel will not. This is a simplistic overview on how we use TStaticText and a TLabel.

Also, if you're creating forms that need to work with screen readers for visually impaired users, TLabels can't be seen by the software, but TStaticText labels can.