As an important material in alloy industry, magnesium alloy forgings have broad application prospects. In the future, with the continuous progress of science and technology and the increase of demand, magnesium alloy forgings will surely show more advantages and potential. First of all, magnesium alloy forgings have lower density and higher strength. Compared with other metal materials, magnesium alloy is one of the lightest metals available at present, and its density is only two or three times that of aluminum alloy. However, the strength of magnesium alloys can reach a very high level, and can even be comparable to aluminum alloys and steel. This excellent strengt-to-weight ratio makes magnesium alloy forgings ideal for many fields, such as aerospace, the automotive industry, and sports equipment. Secondly, magnesium alloy forgings have excellent corrosion resistance. Magnesium alloys have good corrosion resistance to most non-oxidizing acids at room temperature, especially to alkaline media. This makes magnesium alloy forgings have the potential to be widely used in humid corrosive environment such as Marine environment. In addition, magnesium alloy forgings also have good processability and recyclability. Magnesium alloys can be formed by a variety of processing methods, including forging, extrusion, die casting, etc. Moreover, magnesium alloys have high renewability and can be recycled, which is conducive to environmental sustainable development. However, magnesium alloy forgings are also facing some challenges, such as relatively high manufacturing cost, difficulty in forming and thermal stability. But with the continuous breakthrough of technology and in-depth research, these problems will be gradually solved. In short, magnesium alloy forgings have great advantages in lightweight and strengthening, and have broad application prospects. As an option in engineering, magnesium forgings will be able to meet the future demand for lighter and stronger materials and play an important role in various fields.