Pulsed power technology is gradually forming a development trend of civil-military integration, which puts forward more requirements for pulsed power generators. This paper takes magnetic switches (MSs) as the starting point and reviews recent advancements in pulse generators based on MSs. First, the working mechanism of the MS "rapid inductance drop after magnetic core saturation" is analyzed. Second, the basic uses of MSs are introduced with specific examples, namely, magnetic compression unit, saturated pulse transformer, and magnetic delay switches. Then, the typical topologies of pulse generators based on MSs are discussed, including transmission line, Marx, Fitch, linear transformer driver, and semiconductor opening switch pumping circuits. These circuits' technical characteristics and parameter levels are highlighted. Finally, the existing problems and future development trends of MS-based solid-state pulse generators are discussed.