The invention relate to a Modbus protocol based hybrid networking method and industrial terminal equipment. The networking method comprises following steps: 1), a wireless communication mode adopts wifi (wireless fidelity) communication so as to realize wireless short-distance coverage; 2), a wired mode adopts a PLC (programmable logic controller) power line carrier communication, the problem about secondary wiring can be solved through the PLC power line carrier communication, and accordingly, the problem of insufficient signals for remote communication and wireless partition transmission is solved; 3), the Ethernet network is connected with an upper computer server, an upper computer command is transmitted, and data are uploaded stably; 5), in combination of the PLC power line carrier communication and the wireless wifi communication, blind compensation networking can be performed with the wireless wifi technology at the tail end of a PLC power line carrier communication line. With the adoption of the method, data interaction on a power line and wireless receiving can be realized, data transmitted in a serial mode and sent by a sensor can be received, and meanwhile, real-time data convergence and uploading can be realized on the user side.