The invention relates to a laser hybrid light source projector and a light source device thereof. The light source device comprises a blue LED light source, a red LED light source, a green LED light source, lens groups at the front ends of the light sources, a blue semiconductor laser tube, a lens group at the front end of the blue semiconductor laser tube, a spectroscope A and a spectroscope B; the surface of the green LED light source is provided with green fluorescent powder; the green LED light source is opposite to the semiconductor laser tube, the spectroscope B is located between the green LED light source and the semiconductor laser tube, the blue LED light source is arranged at one side of the spectroscope B, and the spectroscope A is arranged at the front of the red LED light source. The laser hybrid light source projector does not use the light source system of a laser projector with a color wheel, so that the influence of the color wheel on the picture quality is avoided; the blue semiconductor laser irradiates the fluorescent powder on the green LED, the brightness of the original green LED is obviously improved without increasing the numerical aperture of the light emitting area of the LED, and accordingly the output brightness of the projector is improved.