Leica Q2 vs Panasonic TZ200

The Leica Q2 and the Panasonic Lumix DC-TZ200 (labelled Panasonic ZS200 in some countries) are two digital cameras that were officially introduced, respectively, in March 2019 and February 2018. Both the Q2 and the TZ200 are fixed lens compact cameras that are based on a full frame (Q2) and an one-inch (TZ200) sensor. The Leica has a resolution of 46.7 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 Q2		Panasonic TZ200
Fixed lens compact camera		Fixed lens compact camera
28mm f/1.7		24-360mm f/3.3-6.4
46.7 MP – Full Frame sensor		20 MP – 1" sensor
4K/30p Video		4K/30p Video
ISO 50-50,000		ISO 125-12,800 (80 - 25,600)
Electronic viewfinder (3680k dots)		Electronic viewfinder (2330k dots)
3.0" LCD – 1040k dots		3.0" LCD – 1240k dots
Fixed touchscreen		Fixed touchscreen
10 shutter flaps per second		10 shutter flaps per second
Lens-based stabilization		In-body stabilization
Weathersealed body		not weather sealed
370 shots per battery charge		370 shots per battery charge
130 x 80 x 92 mm, 718 g		111 x 65 x 45 mm, 340 g

Check Q2 price at
amazon.com
Check TZ200 price at
amazon.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Leica Q2 and the Panasonic Lumix DC-TZ200? 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 Q2 and the Panasonic TZ200 is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive perspectives from the front, the top, and the back are available. All width, height and depth measures are rounded to the nearest millimeter.

The TZ200 can be obtained in two different colors (black, silver), while the Q2 is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic TZ200 is considerably smaller (31 percent) than the Leica Q2. Moreover, the TZ200 is substantially lighter (53 percent) than the Q2. It is worth mentioning in this context that the Q2 is splash and dust resistant, while the TZ200 does not feature any corresponding weather-sealing.

The power pack in the TZ200 can be charged via the USB port, which can be very convenient when travelling.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. In case you want to display and compare another camera duo, you can use the CAM-parator app to select your camera combination among a large number of options.

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 Q2	130 mm	80 mm	92 mm	718 g	370	Y	Mar 2019	4,995	amazon.com
2.		Panasonic TZ200	111 mm	65 mm	45 mm	340 g	370	n	Feb 2018	799	amazon.com
3.		Canon R	139 mm	98 mm	84 mm	660 g	370	Y	Sep 2018	2,299	ebay.com
4.		Fujifilm GFX 50R	161 mm	97 mm	66 mm	775 g	400	Y	Sep 2018	4,499	ebay.com
5.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
6.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
7.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
8.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
9.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	4,249	ebay.com
10.		Leica Q3	130 mm	80 mm	93 mm	743 g	350	Y	May 2023	5,995	amazon.com
11.		Nikon Z7	134 mm	101 mm	67 mm	675 g	330	Y	Aug 2018	3,399	ebay.com
12.		Panasonic FZ1000	137 mm	99 mm	131 mm	831 g	360	n	Jun 2014	899	ebay.com
13.		Panasonic GX9	124 mm	72 mm	47 mm	407 g	260	n	Feb 2018	849	ebay.com
14.		Panasonic LX15	106 mm	60 mm	42 mm	310 g	260	n	Sep 2016	699	amazon.com
15.		Panasonic TZ90	112 mm	67 mm	41 mm	322 g	380	n	Apr 2017	449	ebay.com
16.		Panasonic TZ100	111 mm	65 mm	44 mm	312 g	300	n	Jan 2016	699	ebay.com
17.		Zeiss ZX1	142 mm	93 mm	46 mm	800 g	250	n	Sep 2018	5,999	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 listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. The TZ200 was launched at a markedly lower price (by 84 percent) than the Q2, which puts it into a different market segment. 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. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The size of the imaging sensor is a crucial determinant of image quality. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixels 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 tend to be associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Leica Q2 features a full frame sensor and the Panasonic TZ200 an one-inch sensor. The sensor area in the TZ200 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.

With 46.7MP, the Q2 offers a higher resolution than the TZ200 (20MP), but the Q2 nevertheless has larger individual pixels (pixel pitch of 4.30μm versus 2.41μm for the TZ200) due to its larger sensor. Moreover, the Q2 is a somewhat more recent model (by 1 year) than the TZ200, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that the Q2 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica Q2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the Q2 for good quality output (200 dots per inch) amounts to 41.8 x 27.9 inches or 106.3 x 70.9 cm, for very good quality (250 dpi) 33.5 x 22.3 inches or 85 x 56.7 cm, and for excellent quality (300 dpi) 27.9 x 18.6 inches or 70.8 x 47.3 cm. The corresponding values for the Panasonic TZ200 are 27.4 x 18.2 inches or 69.5 x 46.3 cm for good quality, 21.9 x 14.6 inches or 55.6 x 37.1 cm for very good quality, and 18.2 x 12.2 inches or 46.3 x 30.9 cm for excellent quality prints.

The Leica Q2 has a native sensitivity range from ISO 50 to ISO 50000. The corresponding ISO settings for the Panasonic Lumix DC-TZ200 are ISO 125 to ISO 12800, with the possibility to increase the ISO range to 80-25600.

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica Q2	Full Frame	46.7	8368	5584	4K/30p	26.4	13.5	2491	96
2.		Panasonic TZ200	1-inch	20.0	5472	3648	4K/30p	22.0	12.2	449	64
3.		Canon R	Full Frame	30.1	6720	4480	4K/30p	24.5	13.5	2742	89
4.		Fujifilm GFX 50R	Medium Format	51.1	8256	6192	1080/30p	25.7	14.4	3169	98
5.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
6.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
7.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
8.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
9.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
10.		Leica Q3	Full Frame	60.3	9528	6328	8K/30p	25.4	14.7	3216	96
11.		Nikon Z7	Full Frame	45.4	8256	5504	4K/30p	26.3	14.6	2668	99
12.		Panasonic FZ1000	1-inch	20.0	5472	3648	4K/30p	22.1	11.7	517	64
13.		Panasonic GX9	Four Thirds	20.2	5184	3888	4K/30p	23.1	12.8	1163	74
14.		Panasonic LX15	1-inch	20.0	5472	3648	4K/30p	21.9	12.0	315	62
15.		Panasonic TZ90	1/2.3	20.2	5184	3888	4K/30p	19.1	10.6	106	36
16.		Panasonic TZ100	1-inch	20.0	5472	3648	4K/30p	22.8	12.5	559	70
17.		Zeiss ZX1	Full Frame	37.4	7488	4992	4K/30p	25.2	14.1	2759	94
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. Both cameras under consideration are equipped with sensors that have a sufficiently high read-out speed for moving images, and both provide the same movie specifications (4K/30p).

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. The two cameras under consideration are similar with respect to both having an electronic viewfinder. However, the one in the Q2 offers a substantially higher resolution than the one in the TZ200 (3680k vs 2330k dots). The table below summarizes some of the other core capabilities of the Leica Q2 and Panasonic TZ200 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 Q2	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
2.		Panasonic TZ200	2330	n	3.0 / 1240	fixed	Y	1/2000s	10.0/s	Y	Y
3.		Canon R	3690	Y	3.2 / 2100	swivel	Y	1/8000s	8.0/s	n	n
4.		Fujifilm GFX 50R	3690	n	3.2 / 2360	tilting	Y	1/4000s	3.0/s	n	n
5.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
6.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
7.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
8.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
9.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
10.		Leica Q3	5760	n	3.0 / 1840	tilting	Y	1/2000s	15.0/s	n	Y
11.		Nikon Z7	3690	Y	3.2 / 2100	tilting	Y	1/8000s	9.0/s	n	Y
12.		Panasonic FZ1000	2359	n	3.0 / 921	swivel	n	1/4000s	12.0/s	Y	Y
13.		Panasonic GX9	2760	n	3.0 / 1240	tilting	Y	1/4000s	9.0/s	Y	Y
14.		Panasonic LX15	none	n	3.0 / 1040	tilting	Y	1/4000s	10.0/s	Y	Y
15.		Panasonic TZ90	1166	n	3.0 / 1040	tilting	Y	1/2000s	10.0/s	Y	Y
16.		Panasonic TZ100	1166	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	Y	Y
17.		Zeiss ZX1	6221	n	4.3 / 2765	fixed	Y	1/1000s	3.0/s	n	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One difference between the cameras concerns the presence of an on-board flash. The TZ200 has one, while the Q2 does not. While the built-in flash of the TZ200 is not very powerful, it can at times be useful as a fill-in light.

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, both cameras under consideration feature an 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 Leica Q2 and the Panasonic TZ200 both have 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.

The TZ200 is equipped with a zoom lens, while the Q2 comes with a built-in prime. The TZ200 has a 24-360mm f/3.3-6.4 optic and the Q2 offers a 28mm f/1.7 (focal lengths in full frame equivalent terms). Hence, the Panasonic provides a wider angle of view at the short end, as well as more tele-photo reach at the long end than the Leica. The Q2 offers the faster maximum aperture.

Concerning the storage of imaging data, both the Q2 and the TZ200 write their files to SDXC cards. The Q2 supports UHS-II cards (Ultra High Speed data transfer of up to 312 MB/s), while the TZ200 can use UHS-I cards (up to 104 MB/s).

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 Q2 and Panasonic Lumix DC-TZ200 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 Q2	Y	stereo / mono	-	-	-	-	Y	-	Y
2.		Panasonic TZ200	-	stereo / mono	-	-	micro	2.0	Y	-	Y
3.		Canon R	Y	stereo / mono	Y	Y	mini	3.1	Y	-	Y
4.		Fujifilm GFX 50R	Y	stereo / mono	Y	Y	micro	3.0	Y	-	Y
5.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
6.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
7.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
8.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
9.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
10.		Leica Q3	Y	stereo / mono	-	-	micro	3.1	Y	-	Y
11.		Nikon Z7	Y	stereo / mono	Y	Y	micro	3.1	Y	-	Y
12.		Panasonic FZ1000	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
13.		Panasonic GX9	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
14.		Panasonic LX15	-	stereo / mono	-	-	micro	2.0	Y	-	-
15.		Panasonic TZ90	-	stereo / mono	-	-	micro	2.0	Y	-	-
16.		Panasonic TZ100	-	stereo / mono	-	-	micro	2.0	Y	-	-
17.		Zeiss ZX1	Y	stereo / mono	-	-	-	3.1	Y	Y	Y

It is notable that the Q2 has a hotshoe, while the TZ200 does not. This socket makes it possible to easily attach optional accessories, such as an external flash gun.

Both the Q2 and the TZ200 are recent models that are part of the current product line-up. The TZ200 replaced the earlier Panasonic TZ100, while the Q2 followed on from the Leica Q Typ 116. Further information on the features and operation of the Q2 and TZ200 can be found, respectively, in the Leica Q2 Manual (free pdf) or the online Panasonic TZ200 Manual.

Review summary

So what is the bottom line? Which of the two cameras – the Leica Q2 or the Panasonic TZ200 – has the upper hand? Is one clearly better than the other? The listing below highlights the relative strengths of the two models.

Reasons to prefer the Leica Q2:

• More detail: Offers more megapixels (46.7 vs 20MP) with a 53% higher linear resolution.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better image quality: Features a larger and more technologically advanced imaging sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• More detailed viewfinder: Has higher resolution electronic viewfinder (3680k vs 2330k dots).
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.76x vs 0.53x).
• Better light gathering: Has a lens with a wider maximum aperture (f/1.7 vs f/3.3).
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• Faster buffer clearing: Supports a more advanced SD data transfer standard (UHS-II vs UHS-I).
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Is somewhat more recent (announced 1 year after the TZ200).

Advantages of the Panasonic Lumix DC-TZ200:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• More detailed LCD: Has a higher resolution rear screen (1240k vs 1040k dots).
• Wider view: Has a wider-angle lens that facilitates landscape or interior shots.
• More compact: Is smaller (111x65mm vs 130x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight (by 378g or 53 percent) and is thus easier to take along.
• Easier travel charging: Can be conveniently charged via its USB port.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• More affordable: Was introduced into a lower priced category (84 percent cheaper at launch).
• More heavily discounted: Has been on the market for longer (launched in February 2018).

If the count of individual advantages (bullet points above) is taken as a guide, the Q2 is the clear winner of the match-up (14 : 9 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision on a new camera. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

How about other alternatives? Do the specifications of the Leica Q2 and the Panasonic TZ200 place the cameras among the top in their class? Find out in the latest Best Prime Lens Compact Camera and Best Superzoom Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains incomplete and does no justice, for example, to the way the Q2 or the TZ200 perform in practice. At times, user reviews, such as those published at amazon, address these issues in a useful manner, but such feedback is on many occasions incomplete, inconsistent, and unreliable.

Expert reviews

This is why expert reviews are important. The adjacent summary-table relays the overall verdicts of several of the most popular 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 Q2	..	..	4.5/5	84/100	4.5/5	4/5	Mar 2019	4,995	amazon.com
2.		Panasonic TZ200	..	+ +	4.5/5	81/100	4.5/5	4.5/5	Feb 2018	799	amazon.com
3.		Canon R	4/5	o	4/5	79/100	4.5/5	4/5	Sep 2018	2,299	ebay.com
4.		Fujifilm GFX 50R	5/5	..	5/5	84/100	4.5/5	4.5/5	Sep 2018	4,499	ebay.com
5.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
6.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
7.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
8.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
9.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	4,249	ebay.com
10.		Leica Q3	5/5	..	4.5/5	..	..	4.5/5	May 2023	5,995	amazon.com
11.		Nikon Z7	5/5	+	4.8/5	89/100	4.5/5	5/5	Aug 2018	3,399	ebay.com
12.		Panasonic FZ1000	4/5	+ +	..	82/100	4.5/5	4.5/5	Jun 2014	899	ebay.com
13.		Panasonic GX9	4/5	+	4/5	84/100	4.5/5	4.5/5	Feb 2018	849	ebay.com
14.		Panasonic LX15	..	+ +	4/5	81/100	4/5	4.5/5	Sep 2016	699	amazon.com
15.		Panasonic TZ90	..	+ +	4/5	..	4/5	4/5	Apr 2017	449	ebay.com
16.		Panasonic TZ100	4.5/5	+ +	..	82/100	4.5/5	4.5/5	Jan 2016	699	ebay.com
17.		Zeiss ZX1	3/5	..	..	83/100	4/5	4/5	Sep 2018	5,999	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The review scores listed above should be treated with care, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Hence, a score should always be seen in the context of the camera's market launch date and its price, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

Check Q2 price at
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Check TZ200 price at
amazon.com

Other camera comparisons

Did this review help to inform your camera decision process? In case you would like to check on the differences and similarities of other camera models, just make your choice using the following search menu. There is also a set of direct links to comparison reviews that other users of the CAM-parator app explored.

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