Leica M9 vs Panasonic TZ100

The Leica M9 and the Panasonic Lumix DMC-TZ100 (labelled Panasonic ZS100 in some countries) are two digital cameras that were officially introduced, respectively, in September 2009 and January 2016. The M9 is a rangefinder-focusing mirrorless camera, while the TZ100 is a fixed lens compact. The cameras are based on a full frame (M9) and an one-inch (TZ100) sensor. The Leica has a resolution of 18.1 megapixels, whereas the Panasonic provides 20 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Leica M9		Panasonic TZ100
Rangefinder camera		Fixed lens compact camera
Leica M mount lenses		25-250mm f/2.8-5.9
18.1 MP – Full Frame sensor		20 MP – 1" sensor
no Video		4K/30p Video
ISO 80-2,500		ISO 125-12,800 (80 - 25,600)
Optical viewfinder		Electronic viewfinder (1166k dots)
2.5" LCD – 230k dots		3.0" LCD – 1040k dots
Fixed screen (not touch-sensitive)		Fixed touchscreen
2 shutter flaps per second		10 shutter flaps per second
no shake reduction		In-body stabilization
139 x 80 x 37 mm, 585 g		111 x 65 x 44 mm, 312 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M9 and the Panasonic Lumix DMC-TZ100? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

An illustration of the physical size and weight of the Leica M9 and the Panasonic TZ100 is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive views from the front, the top, and the rear side are shown. All width, height and depth measures are rounded to the nearest millimeter.

Both cameras are available in two different colors (black, silver).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic TZ100 is considerably smaller (35 percent) than the Leica M9. In this context, it is worth noting that neither the M9 nor the TZ100 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the TZ100 has a lens built in, whereas the M9 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup. You can compare the optics available for the M9 and their specifications in the Leica M Lens Catalog.

The power pack in the TZ100 can be charged via the USB port, which can be very convenient when travelling.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. If you want to switch the focus of the display and review another camera pair, you can move across to the CAM-parator tool and choose from the broad selection of possible camera comparisons there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M9	139 mm	80 mm	37 mm	585 g	..	n	Sep 2009	7,999	ebay.com
2.		Panasonic TZ100	111 mm	65 mm	44 mm	312 g	300	n	Jan 2016	699	ebay.com
3.		Canon G5 X	112 mm	76 mm	44 mm	353 g	210	n	Oct 2015	799	ebay.com
4.		Canon M3	111 mm	68 mm	44 mm	366 g	250	n	Feb 2015	679	ebay.com
5.		Canon T2i	129 mm	98 mm	62 mm	530 g	440	n	Feb 2010	699	ebay.com
6.		Canon T1i	129 mm	98 mm	62 mm	520 g	400	n	Mar 2009	799	ebay.com
7.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
8.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	amazon.com
9.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	amazon.com
10.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
11.		Leica X Typ 113	133 mm	73 mm	78 mm	486 g	350	n	Sep 2014	2,295	ebay.com
12.		Leica X Vario	133 mm	73 mm	95 mm	680 g	450	n	Jun 2013	2,850	ebay.com
13.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	..	Y	Sep 2012	6,950	ebay.com
14.		Leica M8	139 mm	80 mm	37 mm	591 g	..	n	Sep 2006	5,499	ebay.com
15.		Panasonic TZ200	111 mm	65 mm	45 mm	340 g	370	n	Feb 2018	799	amazon.com
16.		Panasonic LX15	106 mm	60 mm	42 mm	310 g	260	n	Sep 2016	699	amazon.com
17.		Sony RX100 IV	102 mm	58 mm	41 mm	298 g	280	n	Jun 2015	999	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will obviously take relative prices into account. The retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. The TZ100 was launched at a lower price than the M9, despite having a lens built in. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down.

Sensor comparison

The size of the sensor inside a digital camera is one of the key determinants of image quality. A large sensor will tend to have larger individual pixels that provide better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixel-units in a sensor of the same technological generation. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica M9 features a full frame sensor and the Panasonic TZ100 an one-inch sensor. The sensor area in the TZ100 is 87 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 2.7. Both cameras have a native aspect ratio (sensor width to sensor height) of 3:2.

Despite having a smaller sensor, the TZ100 offers a higher resolution of 20 megapixels, compared with 18.1 MP of the M9. This megapixels advantage comes at the cost of a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 2.41μm versus 6.91μm for the M9). However, it should be noted that the TZ100 is much more recent (by 6 years and 3 months) than the M9, and its sensor will have benefitted from technological advances during this time that make it possible to gather light more efficiently. Coming back to sensor resolution, it should be mentioned that the M9 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Panasonic TZ100 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the TZ100 for good quality output (200 dots per inch) amounts to 27.4 x 18.2 inches or 69.5 x 46.3 cm, for very good quality (250 dpi) 21.9 x 14.6 inches or 55.6 x 37.1 cm, and for excellent quality (300 dpi) 18.2 x 12.2 inches or 46.3 x 30.9 cm. The corresponding values for the Leica M9 are 26.1 x 17.4 inches or 66.2 x 44.1 cm for good quality, 20.8 x 13.9 inches or 53 x 35.3 cm for very good quality, and 17.4 x 11.6 inches or 44.1 x 29.4 cm for excellent quality prints.

The Leica M9 has a native sensitivity range from ISO 80 to ISO 2500. The corresponding ISO settings for the Panasonic Lumix DMC-TZ100 are ISO 125 to ISO 12800, with the possibility to increase the ISO range to 80-25600.

In terms of underlying technology, the M9 is build around a CCD sensor, while the TZ100 uses a CMOS imager. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

For many cameras, data on sensor performance has been reported by DXO Mark. This service assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. The Overall DXO ratings for the two cameras under consideration are close, suggesting that they provide similar imaging performance. The following table provides an overview of the physical sensor characteristics, as well as the sensor quality measurements for a selection of comparators.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
2.		Panasonic TZ100	1-inch	20.0	5472	3648	4K/30p	22.8	12.5	559	70
3.		Canon G5 X	1-inch	20.0	5472	3648	1080/60p	21.4	12.3	471	62
4.		Canon M3	APS-C	24.0	6000	4000	1080/30p	22.8	11.8	1169	72
5.		Canon T2i	APS-C	17.9	5184	3456	1080/30p	22.1	11.5	784	66
6.		Canon T1i	APS-C	15.1	4752	3168	1080/20p	21.7	11.5	663	63
7.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
8.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
9.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
10.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
11.		Leica X Typ 113	APS-C	16.1	4928	3264	1080/30p	23.6	12.8	1491	78
12.		Leica X Vario	APS-C	16.1	4928	3272	1080/30p	23.4	12.7	1320	78
13.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
14.		Leica M8	APS-H	10.4	3936	2630	none	21.1	11.3	663	59
15.		Panasonic TZ200	1-inch	20.0	5472	3648	4K/30p	22.0	12.2	449	64
16.		Panasonic LX15	1-inch	20.0	5472	3648	4K/30p	21.9	12.0	315	62
17.		Sony RX100 IV	1-inch	20.0	5472	3648	4K/30p	22.8	12.6	591	70
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but can also record movies. The TZ100 indeed provides for movie recording, while the M9 does not. The highest resolution format that the TZ100 can use is 4K/30p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the TZ100 has an electronic viewfinder (1166k dots), while the M9 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The viewfinders of both cameras offer the same field of view (100%), but the viewfinder of the M9 has a higher magnification than the one of the TZ100 (0.68x vs 0.46x), so that the size of the image transmitted appears closer to the size seen with the naked human eye. The table below summarizes some of the other core capabilities of the Leica M9 and Panasonic TZ100 in connection with corresponding information for a sample of similar cameras.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Leica M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
2.		Panasonic TZ100	1166	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	Y	Y
3.		Canon G5 X	2360	n	3.0 / 1040	swivel	Y	1/2000s	5.9/s	Y	Y
4.		Canon M3	optional	n	3.0 / 1040	tilting	Y	1/4000s	4.2/s	Y	n
5.		Canon T2i	optical	n	3.0 / 1040	fixed	n	1/4000s	3.7/s	Y	n
6.		Canon T1i	optical	n	3.0 / 920	fixed	n	1/4000s	3.4/s	Y	n
7.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
8.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
9.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
10.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
11.		Leica X Typ 113	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
12.		Leica X Vario	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
13.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
14.		Leica M8	optical	n	2.5 / 230	fixed	n	1/8000s	2.0/s	n	n
15.		Panasonic TZ200	2330	n	3.0 / 1240	fixed	Y	1/2000s	10.0/s	Y	Y
16.		Panasonic LX15	none	n	3.0 / 1040	tilting	Y	1/4000s	10.0/s	Y	Y
17.		Sony RX100 IV	2359	n	3.0 / 1228	tilting	n	1/2000s	16.0/s	Y	Y
Notes: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The TZ100 has a touchscreen, while the M9 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, the TZ100 is one of those camera that have an additional electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Panasonic TZ100 has an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the M9 and the TZ100 write their files to SDXC cards. The TZ100 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the M9 cannot take advantage of Ultra High Speed SD cards.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Leica M9 and Panasonic Lumix DMC-TZ100 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Leica M9	Y	- / -	-	-	-	2.0	-	-	-
2.		Panasonic TZ100	-	stereo / mono	-	-	micro	2.0	Y	-	-
3.		Canon G5 X	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
4.		Canon M3	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
5.		Canon T2i	Y	stereo / -	Y	-	mini	2.0	-	-	-
6.		Canon T1i	Y	mono / mono	-	-	mini	2.0	-	-	-
7.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
8.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
9.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
10.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
11.		Leica X Typ 113	Y	stereo / mono	-	-	mini	2.0	-	-	-
12.		Leica X Vario	Y	stereo / mono	-	-	mini	2.0	-	-	-
13.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
14.		Leica M8	Y	- / -	-	-	-	2.0	-	-	-
15.		Panasonic TZ200	-	stereo / mono	-	-	micro	2.0	Y	-	Y
16.		Panasonic LX15	-	stereo / mono	-	-	micro	2.0	Y	-	-
17.		Sony RX100 IV	-	stereo / mono	-	-	micro	2.0	Y	Y	-

It is notable that the M9 has a hotshoe, while the TZ100 does not. This socket makes it possible to easily attach optional accessories, such as an external flash gun.

Both the M9 and the TZ100 have been discontinued, but can regularly be found used on ebay. The M9 was replaced by the Leica M Typ 240, while the TZ100 was followed by the Panasonic TZ200. Further information on the features and operation of the M9 and TZ100 can be found, respectively, in the Leica M9 Manual (free pdf) or the online Panasonic TZ100 Manual.

Review summary

So what conclusions can be drawn? Is the Leica M9 better than the Panasonic TZ100 or vice versa? The listing below highlights the relative strengths of the two models.

Advantages of the Leica M9:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better low-light sensitivity: Requires less light for good images (0.7 stops ISO advantage).
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.68x vs 0.46x).
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More heavily discounted: Has been available for much longer (launched in September 2009).

Reasons to prefer the Panasonic Lumix DMC-TZ100:

• More detail: Has more megapixels (20 vs 18.1MP), which boosts linear resolution by 5%.
• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• More dynamic range: Captures a broader range of light and dark details (0.8 EV of extra DR).
• Broader imaging potential: Can capture not only stills but also 4K/30p video.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Larger screen: Has a bigger rear LCD (3.0" vs 2.5") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (1040k vs 230k dots).
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Faster burst: Shoots at higher frequency (10 vs 2 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Has an integrated lens, whereas the M9 necessitates an extra lens.
• More compact: Is smaller (111x65mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the M9).
• Easier travel charging: Can be conveniently charged via its USB port.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More modern: Reflects 6 years and 3 months of technical progress since the M9 launch.

If the number of relative strengths (bullet points above) is taken as a guide, the TZ100 is the clear winner of the contest (21 : 9 points). However, the relevance of individual strengths will vary across photographers, so that you might want to apply your own weighing scheme to the summary points when reflecting and deciding on a new camera. A professional wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it remains incomplete and does no justice, for example, to the way the M9 or the TZ100 perform in practice. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is why hands-on reviews by experts are important. The following table reports the overall ratings of the cameras as published by some of the major camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M9	..	..	..	..	4.5/5	..	Sep 2009	7,999	ebay.com
2.		Panasonic TZ100	4.5/5	+ +	..	82/100	4.5/5	4.5/5	Jan 2016	699	ebay.com
3.		Canon G5 X	5/5	+ +	..	78/100	4.5/5	4.5/5	Oct 2015	799	ebay.com
4.		Canon M3	4/5	o	..	75/100	4.5/5	4/5	Feb 2015	679	ebay.com
5.		Canon T2i	..	+ +	..	77/100	4/5	4.5/5	Feb 2010	699	ebay.com
6.		Canon T1i	..	+ +	..	74/100	4.5/5	4.5/5	Mar 2009	799	ebay.com
7.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
8.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	amazon.com
9.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	amazon.com
10.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
11.		Leica X Typ 113	3.5/5	..	..	..	3.5/5	4/5	Sep 2014	2,295	ebay.com
12.		Leica X Vario	3/5	..	..	..	4/5	4/5	Jun 2013	2,850	ebay.com
13.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
14.		Leica M8	..	..	..	+ +	..	..	Sep 2006	5,499	ebay.com
15.		Panasonic TZ200	..	+ +	4.5/5	81/100	4.5/5	4.5/5	Feb 2018	799	amazon.com
16.		Panasonic LX15	..	+ +	4/5	81/100	4/5	4.5/5	Sep 2016	699	amazon.com
17.		Sony RX100 IV	4.5/5	+ +	..	85/100	4/5	4.5/5	Jun 2015	999	ebay.com
Notes: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The ratings are only valid when referring to cameras in the same category and of the same age. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, and comparisons of ratings among very different cameras or across long time periods have little meaning. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

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Other camera comparisons

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