Research and development of magnesium alloy integral panel forming technology to replace existing titanium alloy and aluminum alloy panel materials are of great significance for saving aluminum and titanium resources. The material flow law during progressive bending technology of panel (PBTP) was analyzed by numerical simulation study. The deformation forming parameters of PBTP for Mg alloy grid panel and panel size control parameters are defined. The process parameters include deformation temperature, bending deformation coefficient, and reduction speed. The size and accuracy control parameters include the width of the bending die, pressing height, and feed rate. The panel radius was related to the width of the bending die and the height of the reduction. With increase of forming temperature, maximum damage coefficient, maximum equivalent stress and maximum equivalent strain reduce. With increase in bending deformation coefficient, maximum damage coefficient, maximum equivalent stress and maximum equivalent strain increase. Based on simulation and experimental results, reasonable forming parameters for PBTP of AZ31 Mg alloy grid panel was obtained. Magnesium alloy panel components were successfully processed by progressive bending technology. The influence of die width and pressing height on panel radius was analyzed. The numerical simulation results were consistent with experimental results. The maximum relative error was 3.5%.