Taekwang Industry Co., Ltd.

Overview

Updated: Nov 10, 2026

Company Overview

Taekwang Industry Co., Ltd.

Taekwang Industry is a South Korean machinery manufacturer developing a new rehabilitation and wellness mobility business. Its planned platform aims to combine gait and biosignal information to personalize mobility assistance and exercise support for older adults. The company brings established agricultural-equipment manufacturing experience and plans a staged expansion from nonmedical walking support into medical rehabilitation.

Address

Headquarters :33 Gongdan-ro 1-gil, Waegwan-eup, Chilgok-gun, Gyeongsangbuk-do, Republic of Korea

Research Center :-

Website

http://www.tkam.kr/

Class

Medical Technology

Type

Rehabilitation

Indications

Aging, Musculoskeletal

Partnering Goals

Healthcare investors and strategic partners for rehabilitation platform development
Hospitals and rehabilitation centers for usability studies and clinical collaboration
Senior-care distributors and overseas partners for wellness product commercialization

Investment Info

Private

Team

Key People

CEO

Chang-Hyun Park

- CEO, Taekwang Industry Co., Ltd. - Received a Presidential Commendation in 2022 for contributions to Korea's agricultural machinery industry.

R&DResearch Institute Director

Jae-Gu Lee

- Research Institute Director, Taekwang Industry Co., Ltd. - Approximately 30 years of experience in industrial robotics and smart healthcare technology development.

Advisors

Private

Tech & Products

Technology Details

Multimodal AI and Adaptive Assistance

The proposed AI approach combines gait information with EEG/EMG-related analysis to estimate movement intention and tailor exercise support. Signal integration, model development and technical validation remain part of the development program.

Walker-Style Design for Older Adults

Design priorities include forearm support, upright posture, a lightweight folding structure and convenient indoor use. The planned platform aims to combine stable walking support with adjustable assistance and exercise intensity.

Problem & Unmet Needs

Independent Mobility in Everyday Settings

Older adults with reduced mobility need practical walking support that fits their daily environment. Taekwang's early user consultations highlighted upright posture, indoor usability and greater independence from caregivers as important design needs.

Personalized Exercise and Assistance

Fixed levels of assistance may not match changes in a user's physical capacity or walking intention. Taekwang aims to develop adaptive support for older adults who need both mobility assistance and structured physical training.

Market Trends

Growing Demand for Age-Friendly Mobility

WHO projects that one in six people worldwide will be aged 60 or older by 2030. Population ageing increases the need for accessible mobility support and opportunities to maintain physical function at home and in community care.

Rehabilitation Across Hospital and Community Settings

Rehabilitation needs are increasing as more people live with chronic conditions and age-related functional decline. Delivery across hospitals, community services and homes creates opportunities for accessible mobility and training equipment.

Competitive Landscape

Biosignal-Based and Sensor-Based Walking Assistance

Technical comparators include CYBERDYNE's HAL, which uses skin-surface bioelectrical signals, and Honda Walking Assist, which uses hip-position sensing to guide assistance. Taekwang proposes a walker-style platform with multimodal analysis, emphasizing ease of use and personalized support for older adults.

Pipeline

Multimodal Rehabilitation and Assisted-Mobility Platform

Current Stage

Concept & Engineering Development

Concept & Engineering DevelopmentNonmedical Prototype & User TestingWellness CommercializationClinical Validation & Regulatory ApprovalMedical Commercialization

Patents & Papers

Papers

Private

Patents

Private

Certifications

Private

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