Don't know about the gauge you looked at on Amazon. I am pretty sure it will not ever measure plastic or fiberglass, and it probably wont measure anything but steel.
The DeFelsko 200m (?) - the one that costs over $2000.00 will measure everything including plastic, and the most expensive model will give you a read out of each layer of material, which is very important if you are correcting a vehicle with low paint levels, or low total thickness levels.
If you are using a Rotary, then this is in my opinion, very necessary to have because a Rotary can remove a lot of material quickly depending on how it is used, pad, compound, is it wool/foam wool, how fast and how much pressure are you putting on it, etc...
If you are using a Random Orbital, then you are removing a lot less material because the machine rotates much less and is not directly powering the backing plate, like a Rotary does..
The DeFelsko costs so much ( the most expensive one, because it measures everything we see in auto Detailing, gives you a picture of each level and its thickness, and can be connected to printers, etc...
There are plenty of others, HighLine, etc., that measure total thickness on both steel and aluminium only, and a lot of people use them just to get a general idea of what is available to work with..
Just know that if you get one of these, you are only able to see Total thickness of all material on that spot, not the total thickness of the clearcoat, and then the paint, and then the primer..
Dan F