The global wheel profile gauge market was valued at around USD 1.5 billion in 2023, and it is projected to grow to USD 2.8 billion by 2032, with a compound annual growth rate (CAGR) of 6.7% during the forecast period. This market growth is primarily driven by the increasing demand for improved railway operations. As railway networks expand globally, especially in emerging economies, the need for precise and reliable wheel profile gauges has become more critical. The shift from manual gauges to digital solutions has significantly improved measurement accuracy and operational efficiency.