The invention provides an additive manufacturing device and method for a plasma arc gradient material of a bypass hot wire consumable electrode. The device consists of an MIG welding power supply, a bypass hot wire consumable electrode plasma arc welding gun, an IGBT shunt controller, a workpiece, a current sensor and a current controller, wherein the MIG welding power supply, the bypass hot wireconsumable electrode plasma arc welding gun, the workpiece and the current sensor define a closed circuit; the MIG welding power supply, the bypass hot wire consumable electrode plasma arc welding gun, the workpiece, the IGBT shunt controller and the current controller define a closed circuit. The additive manufacturing device efficiently improves conventional electric arc welding basically, is controllable in heat input, is high in welding electric arc restraint intensity, and has the characteristics of low cost, high efficiency, high stability and the like of electric arc additive manufacturing.