Leica TL2 vs Panasonic TZ95

The Leica TL2 and the Panasonic Lumix DC-TZ95 (labelled Panasonic ZS80 in some countries) are two digital cameras that were revealed to the public, respectively, in July 2017 and February 2019. The TL2 is a mirrorless interchangeable lens camera, while the TZ95 is a fixed lens compact. The cameras are based on an APS-C (TL2) and a 1/2.3-inch (TZ95) sensor. The Leica has a resolution of 24.1 megapixels, whereas the Panasonic provides 20.2 MP.

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

Headline Specifications

Leica TL2		Panasonic TZ95
Mirrorless system camera		Fixed lens compact camera
Leica T mount lenses		24-720mm f/3.3-6.4
24.1 MP – APS-C sensor		20.2 MP – 1/2.3" sensor
4K/30p Video		4K/30p Video
ISO 100-50,000		ISO 80-3,200 (80 - 6,400)
Viewfinder optional		Electronic viewfinder (2330k dots)
3.7" LCD – 1230k dots		3.0" LCD – 1040k dots
Fixed touchscreen		Tilting touchscreen
7 shutter flaps per second		10 shutter flaps per second
250 shots per battery charge		380 shots per battery charge
134 x 69 x 33 mm, 399 g		112 x 69 x 42 mm, 327 g

Check TL2 offers at
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Check TZ95 offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica TL2 and the Panasonic Lumix DC-TZ95? 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 TL2 and the Panasonic TZ95 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 dimensions 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 TZ95 is notably smaller (16 percent) than the Leica TL2. In this context, it is worth noting that neither the TL2 nor the TZ95 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the TZ95 has a lens built in, whereas the TL2 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup.

Concerning battery life, the TL2 gets 250 shots out of its Leica BP-DC13 battery, while the TZ95 can take 380 images on a single charge of its Panasonic DMW-BLG10 power pack. The battery packs of both cameras can be charged via USB, which can be very convenient when travelling.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. 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 TL2	134 mm	69 mm	33 mm	399 g	250	n	Jul 2017	1,950	ebay.com
2.		Panasonic TZ95	112 mm	69 mm	42 mm	327 g	380	n	Feb 2019	449	ebay.com
3.		Canon M50	116 mm	88 mm	59 mm	390 g	235	n	Feb 2018	779	ebay.com
4.		Canon SX740	110 mm	64 mm	40 mm	299 g	265	n	Jul 2018	399	amazon.com
5.		Canon 200D	122 mm	93 mm	70 mm	453 g	650	n	Jun 2017	549	ebay.com
6.		Canon M6	112 mm	68 mm	45 mm	390 g	295	n	Feb 2017	779	ebay.com
7.		Fujifilm X-A5	117 mm	68 mm	40 mm	361 g	450	n	Jan 2018	399	ebay.com
8.		Fujifilm XF10	113 mm	64 mm	41 mm	279 g	330	n	Jul 2018	499	ebay.com
9.		Fujifilm X100F	127 mm	75 mm	52 mm	469 g	390	n	Jan 2017	1,299	ebay.com
10.		Fujifilm X-E3	121 mm	74 mm	43 mm	337 g	350	n	Sep 2017	899	ebay.com
11.		Leica C-LUX	113 mm	67 mm	46 mm	340 g	370	n	Jun 2018	1,049	ebay.com
12.		Leica CL	131 mm	78 mm	45 mm	403 g	220	n	Nov 2017	2,795	ebay.com
13.		Leica TL	134 mm	69 mm	33 mm	384 g	400	n	Nov 2016	1,695	ebay.com
14.		Leica T	134 mm	69 mm	33 mm	384 g	400	n	Apr 2014	1,850	ebay.com
15.		Panasonic FT7	117 mm	76 mm	37 mm	319 g	300	Y	May 2018	449	ebay.com
16.		Panasonic LX100 II	115 mm	66 mm	65 mm	392 g	300	n	Aug 2018	999	ebay.com
17.		Panasonic TZ90	112 mm	67 mm	41 mm	322 g	380	n	Apr 2017	449	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 naturally be influenced heavily by the price. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The TZ95 was launched at a lower price than the TL2, 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. 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 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. Furthermore, a large sensor camera will give the photographer more possibilities to use shallow depth-of-field in order to isolate a subject from the background. On the downside, larger sensors tend to be more expensive and lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica TL2 features an APS-C sensor and the Panasonic TZ95 a 1/2.3-inch sensor. The sensor area in the TZ95 is 92 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.5 and 5.6. The sensor in the TL2 has a native 3:2 aspect ratio, while the one in the TZ95 offers a 4:3 aspect.

With 24.1MP, the TL2 offers a higher resolution than the TZ95 (20.2MP), but the TL2 nevertheless has larger individual pixels (pixel pitch of 3.92μm versus 1.18μm for the TZ95) due to its larger sensor. However, the TZ95 is a somewhat more recent model (by 1 year and 7 months) than the TL2, and its sensor might have benefitted from technological advances during this time that enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that neither of the two cameras has an anti-alias filter installed, so they are able to capture all the detail the sensor resolves.

The resolution advantage of the Leica TL2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the TL2 for good quality output (200 dots per inch) amounts to 30.1 x 20.1 inches or 76.4 x 51 cm, for very good quality (250 dpi) 24.1 x 16.1 inches or 61.1 x 40.8 cm, and for excellent quality (300 dpi) 20 x 13.4 inches or 50.9 x 34 cm. The corresponding values for the Panasonic TZ95 are 25.9 x 19.4 inches or 65.8 x 49.4 cm for good quality, 20.7 x 15.6 inches or 52.7 x 39.5 cm for very good quality, and 17.3 x 13 inches or 43.9 x 32.9 cm for excellent quality prints.

The Leica TL2 has a native sensitivity range from ISO 100 to ISO 50000. The corresponding ISO settings for the Panasonic Lumix DC-TZ95 are ISO 80 to ISO 3200, with the possibility to increase the ISO range to 80-6400.

In terms of underlying technology, the TL2 is build around a CMOS sensor, while the TZ95 uses a BSI-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.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. 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 adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-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 TL2	APS-C	24.1	6014	4014	4K/30p	23.9	13.3	1753	82
2.		Panasonic TZ95	1/2.3	20.2	5184	3888	4K/30p	20.7	12.2	1103	52
3.		Canon M50	APS-C	24.0	6000	4000	4K/24p	23.8	13.3	1684	81
4.		Canon SX740	1/2.3	20.2	5184	3888	4K/30p	20.6	12.1	1050	51
5.		Canon 200D	APS-C	24.0	6000	4000	1080/60p	23.6	13.4	1041	79
6.		Canon M6	APS-C	24.0	6000	4000	1080/60p	23.4	12.6	1317	78
7.		Fujifilm X-A5	APS-C	24.0	6000	4000	4K/15p	24.0	13.3	1800	82
8.		Fujifilm XF10	APS-C	24.0	6000	4000	4K/15p	24.0	13.4	1844	83
9.		Fujifilm X100F	APS-C	24.0	6000	4000	1080/60p	23.9	13.2	1704	81
10.		Fujifilm X-E3	APS-C	24.0	6000	4000	4K/30p	23.9	13.3	1764	82
11.		Leica C-LUX	1-inch	20.0	5472	3648	4K/30p	22.1	12.3	481	64
12.		Leica CL	APS-C	24.1	6014	4014	4K/30p	24.0	13.3	1788	82
13.		Leica TL	APS-C	16.1	4928	3264	1080/30p	23.9	13.2	1690	81
14.		Leica T	APS-C	16.2	4944	3278	1080/30p	23.0	12.7	1082	75
15.		Panasonic FT7	1/2.3	20.2	5184	3888	4K/30p	20.6	12.1	1028	51
16.		Panasonic LX100 II	Four Thirds	16.8	4736	3552	4K/30p	22.8	12.7	979	72
17.		Panasonic TZ90	1/2.3	20.2	5184	3888	4K/30p	19.1	10.6	106	36
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

Apart from body and sensor, cameras can and do differ across a range of features. For example, the TZ95 has an electronic viewfinder (2330k dots), which can be very helpful when shooting in bright sunlight. In contrast, the TL2 relies on live view and the rear LCD for framing. That said, the TL2 can be equipped with an optional viewfinder – the Visoflex (Typ 020). The adjacent table lists some of the other core features of the Leica TL2 and Panasonic TZ95 along with similar information for a selection of comparators.

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 TL2	optional	n	3.7 / 1230	fixed	Y	1/4000s	7.0/s	n	n
2.		Panasonic TZ95	2330	n	3.0 / 1040	tilting	Y	1/2000s	10.0/s	Y	Y
3.		Canon M50	2360	n	3.0 / 1040	swivel	Y	1/4000s	10.0/s	Y	n
4.		Canon SX740	none	n	3.0 / 922	tilting	n	1/3200s	10.0/s	Y	Y
5.		Canon 200D	optical	n	3.0 / 1040	swivel	Y	1/4000s	5.0/s	Y	n
6.		Canon M6	optional	n	3.0 / 1040	tilting	Y	1/4000s	9.0/s	Y	n
7.		Fujifilm X-A5	none	n	3.0 / 1040	tilting	Y	1/4000s	6.0/s	Y	n
8.		Fujifilm XF10	none	n	3.0 / 1040	fixed	Y	1/4000s	6.0/s	Y	n
9.		Fujifilm X100F	2360	n	3.0 / 1040	fixed	n	1/4000s	8.0/s	Y	n
10.		Fujifilm X-E3	2360	n	3.0 / 1040	fixed	Y	1/4000s	8.0/s	n	n
11.		Leica C-LUX	2330	n	3.0 / 1240	fixed	Y	1/2000s	10.0/s	Y	Y
12.		Leica CL	2360	Y	3.0 / 1040	fixed	Y	1/8000s	10.0/s	n	n
13.		Leica TL	optional	n	3.7 / 1230	fixed	Y	1/4000s	5.0/s	Y	n
14.		Leica T	optional	n	3.7 / 1230	fixed	Y	1/4000s	5.0/s	Y	n
15.		Panasonic FT7	1170	n	3.0 / 1040	fixed	n	1/1300s	10.0/s	Y	Y
16.		Panasonic LX100 II	2764	n	3.0 / 1240	fixed	Y	1/4000s	11.0/s	n	Y
17.		Panasonic TZ90	1166	n	3.0 / 1040	tilting	Y	1/2000s	10.0/s	Y	Y
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 TZ95 has one, while the TL2 does not. While the built-in flash of the TZ95 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, the TZ95 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).

Concerning the storage of imaging data, both the TL2 and the TZ95 write their files to SDXC cards. The TL2 supports UHS-II cards (Ultra High Speed data transfer of up to 312 MB/s), while the TZ95 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 TL2 and Panasonic Lumix DC-TZ95 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 TL2	Y	stereo / mono	-	-	micro	3.0	Y	-	-
2.		Panasonic TZ95	-	stereo / mono	-	-	micro	2.0	Y	-	Y
3.		Canon M50	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
4.		Canon SX740	-	stereo / mono	-	-	micro	2.0	Y	-	Y
5.		Canon 200D	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
6.		Canon M6	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
7.		Fujifilm X-A5	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
8.		Fujifilm XF10	-	stereo / mono	Y	-	micro	2.0	Y	-	Y
9.		Fujifilm X100F	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
10.		Fujifilm X-E3	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
11.		Leica C-LUX	-	stereo / mono	-	-	micro	2.0	Y	-	-
12.		Leica CL	Y	stereo / mono	-	-	-	-	Y	-	-
13.		Leica TL	Y	stereo / mono	-	-	micro	2.0	Y	-	-
14.		Leica T	Y	stereo / mono	-	-	-	2.0	Y	-	-
15.		Panasonic FT7	-	stereo / mono	-	-	micro	2.0	Y	-	-
16.		Panasonic LX100 II	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
17.		Panasonic TZ90	-	stereo / mono	-	-	micro	2.0	Y	-	-

It is notable that the TL2 has a hotshoe, while the TZ95 does not. This socket makes it possible to easily attach optional accessories, such as an external flash gun.

Both the TL2 and the TZ95 have been discontinued, but can regularly be found used on ebay. Neither of the two has a direct successor, so they represent the end of the respective camera lines from Leica and Panasonic. Further information on the features and operation of the TL2 and TZ95 can be found, respectively, in the Leica TL2 Manual (free pdf) or the online Panasonic TZ95 Manual.

Review summary

So how do things add up? Which of the two cameras – the Leica TL2 or the Panasonic TZ95 – has the upper hand? Is one clearly better than the other? A synthesis of the relative strong points of each of the models is listed below.

Advantages of the Leica TL2:

• More detail: Offers more megapixels (24.1 vs 20.2MP) with a 12% higher linear resolution.
• Better image quality: Features bigger pixels on a larger sensor for higher quality imaging.
• Richer colors: The pixel size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger pixels capture a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger pixels means good image quality even under poor lighting.
• Larger screen: Has a bigger rear LCD (3.7" vs 3.0") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (1230k vs 1040k dots).
• 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.
• Faster data transfer: Supports a more advanced USB protocol (3.0 vs 2.0).
• 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 heavily discounted: Has been on the market for longer (launched in July 2017).

Arguments in favor of the Panasonic Lumix DC-TZ95:

• Easier framing: Has an electronic viewfinder for image composition and settings control.
• More flexible LCD: Has a tilting screen for odd-angle shots in landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster burst: Shoots at higher frequency (10 vs 7 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Ready to shoot: Has an integrated lens, whereas the TL2 necessitates an extra lens.
• More compact: Is smaller (112x69mm vs 134x69mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the TL2).
• Longer lasting: Gets more shots (380 versus 250) out of a single battery charge.
• 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 wireless transfer: Supports Bluetooth for image sharing without cables.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More modern: Was introduced somewhat (1 year and 7 months) more recently.

If the count of relative strengths (bullet points above) is taken as a measure, the match-up finishes in a tie (14 points each). 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 TL2 and the Panasonic TZ95 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens 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 TL2 or the TZ95 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 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 TL2	3.5/5	..	3/5	..	4/5	4/5	Jul 2017	1,950	ebay.com
2.		Panasonic TZ95	..	+ +	..	..	4.5/5	..	Feb 2019	449	ebay.com
3.		Canon M50	..	+	4/5	79/100	..	3.5/5	Feb 2018	779	ebay.com
4.		Canon SX740	..	+	3.5/5	..	4/5	4/5	Jul 2018	399	amazon.com
5.		Canon 200D	4/5	+ +	4/5	78/100	4.5/5	4.5/5	Jun 2017	549	ebay.com
6.		Canon M6	..	..	..	80/100	4/5	4/5	Feb 2017	779	ebay.com
7.		Fujifilm X-A5	..	+	4.1/5	..	4/5	3.5/5	Jan 2018	399	ebay.com
8.		Fujifilm XF10	..	..	4/5	75/100	4/5	4.5/5	Jul 2018	499	ebay.com
9.		Fujifilm X100F	5/5	+	3.9/5	83/100	4.5/5	4.5/5	Jan 2017	1,299	ebay.com
10.		Fujifilm X-E3	4.5/5	+	4.5/5	84/100	4.5/5	4.5/5	Sep 2017	899	ebay.com
11.		Leica C-LUX	..	..	3.5/5	..	4.5/5	4/5	Jun 2018	1,049	ebay.com
12.		Leica CL	..	..	4.2/5	..	..	4/5	Nov 2017	2,795	ebay.com
13.		Leica TL	..	..	..	..	..	4/5	Nov 2016	1,695	ebay.com
14.		Leica T	3/5	..	..	..	4/5	4/5	Apr 2014	1,850	ebay.com
15.		Panasonic FT7	..	+	..	..	3.5/5	3.5/5	May 2018	449	ebay.com
16.		Panasonic LX100 II	4.5/5	+	4.2/5	82/100	4.5/5	4.5/5	Aug 2018	999	ebay.com
17.		Panasonic TZ90	..	+ +	4/5	..	4/5	4/5	Apr 2017	449	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings are only valid when referring to cameras in the same category and of the same age. 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. Also, please note that some of the review sites have changed their methodology and reporting over time.

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Other camera comparisons

Did this review help to inform your camera decision process? If you would like to see a different side-by-side camera review, just make a corresponding selection in the search boxes below. As an alternative, you can also directly jump to any one of the listed comparisons that were previously generated by the CAM-parator tool.

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