Leica X2 vs Panasonic FZ200

The Leica X2 and the Panasonic Lumix DMC-FZ200 are two digital cameras that were officially introduced, respectively, in May 2012 and July 2012. Both the X2 and the FZ200 are fixed lens compact cameras that are based on an APS-C (X2) and a 1/2.3-inch (FZ200) sensor. The Leica has a resolution of 16.1 megapixels, whereas the Panasonic provides 12 MP.

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

Headline Specifications

Leica X2		Panasonic FZ200
Fixed lens compact camera		Fixed lens compact camera
36mm f/2.8		25-600mm f/2.8
16.1 MP – APS-C sensor		12 MP – 1/2.3" sensor
no Video		1080/60p Video
ISO 100-12,500		ISO 100-3,200 (100 - 6,400)
Viewfinder optional		Electronic viewfinder (1312k dots)
2.7" LCD – 230k dots		3.0" LCD – 460k dots
Fixed screen (not touch-sensitive)		Swivel screen (not touch-sensitive)
5 shutter flaps per second		12 shutter flaps per second
450 shots per battery charge		540 shots per battery charge
124 x 69 x 52 mm, 345 g		125 x 87 x 110 mm, 588 g

Check X2 offers at
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Check FZ200 offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica X2 and the Panasonic Lumix DMC-FZ200? 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

The side-by-side display below illustrates the physical size and weight of the Leica X2 and the Panasonic FZ200. 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.

The X2 can be obtained in two different colors (black, silver), while the FZ200 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 FZ200 is notably larger (27 percent) than the Leica X2. Moreover, the FZ200 is substantially heavier (70 percent) than the X2. In this context, it is worth noting that neither the X2 nor the FZ200 are weather-sealed.

Concerning battery life, the X2 gets 450 shots out of its Leica BP-DC8 battery, while the FZ200 can take 540 images on a single charge of its Panasonic DMW-BLC12 power pack.

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 X2	124 mm	69 mm	52 mm	345 g	450	n	May 2012	1,995	ebay.com
2.		Panasonic FZ200	125 mm	87 mm	110 mm	588 g	540	n	Jul 2012	599	ebay.com
3.		Canon SX50	123 mm	87 mm	106 mm	595 g	315	n	Sep 2012	429	ebay.com
4.		Canon SX60	128 mm	93 mm	114 mm	650 g	340	n	Sep 2014	549	ebay.com
5.		Fujifilm X-A1	117 mm	67 mm	39 mm	330 g	350	n	Sep 2013	399	ebay.com
6.		Fujifilm X-E2	129 mm	75 mm	37 mm	350 g	350	n	Oct 2013	999	ebay.com
7.		Fujifilm X100S	127 mm	74 mm	54 mm	445 g	330	n	Jan 2013	1,299	ebay.com
8.		Leica T	134 mm	69 mm	33 mm	384 g	400	n	Apr 2014	1,850	ebay.com
9.		Leica TL	134 mm	69 mm	33 mm	384 g	400	n	Nov 2016	1,695	ebay.com
10.		Leica X1	124 mm	60 mm	32 mm	306 g	260	n	Sep 2009	1,995	ebay.com
11.		Leica X Vario	133 mm	73 mm	95 mm	680 g	450	n	Jun 2013	2,850	ebay.com
12.		Leica X Typ 113	133 mm	73 mm	78 mm	486 g	350	n	Sep 2014	2,295	ebay.com
13.		Nikon Coolpix A	111 mm	64 mm	40 mm	299 g	230	n	Mar 2013	1,099	ebay.com
14.		Panasonic FZ100	124 mm	82 mm	92 mm	540 g	410	n	Jul 2010	499	ebay.com
15.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	499	ebay.com
16.		Panasonic FZ300	132 mm	92 mm	117 mm	691 g	380	Y	Jul 2015	599	amazon.com
17.		Ricoh GR	117 mm	61 mm	35 mm	245 g	290	n	Apr 2013	799	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 listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. The FZ200 was launched at a markedly lower price (by 70 percent) than the X2, 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.

Sensor comparison

The size of the sensor inside a digital camera is one of the key determinants of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels 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 X2 features an APS-C sensor and the Panasonic FZ200 a 1/2.3-inch sensor. The sensor area in the FZ200 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 X2 has a native 3:2 aspect ratio, while the one in the FZ200 offers a 4:3 aspect.

With 16.1MP, the X2 offers a higher resolution than the FZ200 (12MP), but the X2 nevertheless has larger individual pixels (pixel pitch of 4.79μm versus 1.53μm for the FZ200) due to its larger sensor. It is noteworthy in this context that the two cameras were released in close succession, so that their sensors are from the same technological generation. Coming back to sensor resolution, it should be mentioned that the FZ200 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica X2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the X2 for good quality output (200 dots per inch) amounts to 24.6 x 16.3 inches or 62.6 x 41.5 cm, for very good quality (250 dpi) 19.7 x 13.1 inches or 50.1 x 33.2 cm, and for excellent quality (300 dpi) 16.4 x 10.9 inches or 41.7 x 27.6 cm. The corresponding values for the Panasonic FZ200 are 20 x 15 inches or 50.8 x 38.1 cm for good quality, 16 x 12 inches or 40.6 x 30.5 cm for very good quality, and 13.3 x 10 inches or 33.9 x 25.4 cm for excellent quality prints.

The Leica X2 has a native sensitivity range from ISO 100 to ISO 12500. The corresponding ISO settings for the Panasonic Lumix DMC-FZ200 are ISO 100 to ISO 3200, with the possibility to increase the ISO range to 100-6400.

In terms of underlying technology, the X2 is build around a CMOS sensor, while the FZ200 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.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. This service is based on lab testing and assigns an overall score to each camera sensor, as well as ratings for dynamic range ("DXO Landscape"), color depth ("DXO Portrait"), and low-light sensitivity ("DXO Sports"). 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 X2	APS-C	16.1	4928	3264	none	23.2	12.4	1275	74
2.		Panasonic FZ200	1/2.3	12.0	4000	3000	1080/60p	19.1	10.8	114	37
3.		Canon SX50	1/2.3	12.0	4000	3000	1080/24p	20.3	11.2	179	47
4.		Canon SX60	1/2.3	14.2	4608	3072	1080/60p	19.2	10.8	127	39
5.		Fujifilm X-A1	APS-C	16.0	4896	3264	1080/30p	23.4	12.6	1390	76
6.		Fujifilm X-E2	APS-C	16.0	4896	3264	1080/60p	23.4	12.6	1400	77
7.		Fujifilm X100S	APS-C	16.0	4896	3264	1080/60p	23.3	12.5	1329	75
8.		Leica T	APS-C	16.2	4944	3278	1080/30p	23.0	12.7	1082	75
9.		Leica TL	APS-C	16.1	4928	3264	1080/30p	23.9	13.2	1690	81
10.		Leica X1	APS-C	12.2	4272	2856	none	22.6	11.8	1037	69
11.		Leica X Vario	APS-C	16.1	4928	3272	1080/30p	23.4	12.7	1320	78
12.		Leica X Typ 113	APS-C	16.1	4928	3264	1080/30p	23.6	12.8	1491	78
13.		Nikon Coolpix A	APS-C	16.1	4928	3264	1080/30p	23.4	13.8	1164	80
14.		Panasonic FZ100	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	306	39
15.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
16.		Panasonic FZ300	1/2.3	12.0	4000	3000	4K/30p	19.3	11.0	97	38
17.		Ricoh GR	APS-C	16.1	4928	3264	1080/30p	23.6	13.5	972	78
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 FZ200 indeed provides for movie recording, while the X2 does not. The highest resolution format that the FZ200 can use is 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the FZ200 has an electronic viewfinder (1312k dots), which can be very helpful when shooting in bright sunlight. In contrast, the X2 relies on live view and the rear LCD for framing. That said, the X2 can be equipped with an optional viewfinder – the EVF 2. The table below summarizes some of the other core capabilities of the Leica X2 and Panasonic FZ200 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 X2	optional	n	2.7 / 230	fixed	n	1/2000s	5.0/s	Y	n
2.		Panasonic FZ200	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
3.		Canon SX50	202	n	3.0 / 461	swivel	n	1/2000s	2.2/s	Y	Y
4.		Canon SX60	922	n	3.0 / 922	swivel	n	1/2000s	6.4/s	Y	Y
5.		Fujifilm X-A1	none	n	3.0 / 920	tilting	n	1/4000s	5.6/s	Y	n
6.		Fujifilm X-E2	2360	n	3.0 / 1040	fixed	n	1/4000s	7.0/s	Y	n
7.		Fujifilm X100S	2360	n	2.8 / 460	fixed	n	1/4000s	6.0/s	Y	n
8.		Leica T	optional	n	3.7 / 1230	fixed	Y	1/4000s	5.0/s	Y	n
9.		Leica TL	optional	n	3.7 / 1230	fixed	Y	1/4000s	5.0/s	Y	n
10.		Leica X1	none	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	n
11.		Leica X Vario	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
12.		Leica X Typ 113	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
13.		Nikon Coolpix A	optional	n	3.0 / 921	fixed	n	1/2000s	4.0/s	Y	n
14.		Panasonic FZ100	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
15.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
16.		Panasonic FZ300	1440	n	3.0 / 1040	swivel	Y	1/4000s	12.0/s	Y	Y
17.		Ricoh GR	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

The FZ200 is equipped with a zoom lens, while the X2 comes with a built-in prime. The FZ200 has a 25-600mm f/2.8-2.8 optic and the X2 offers a 36mm f/2.8 (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. Both cameras offer the same maximum aperture.

The X2 writes its imaging data to SDHC cards, while the FZ200 uses SDXC cards. The FZ200 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the X2 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 X2 and Panasonic Lumix DMC-FZ200 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 X2	Y	- / -	-	-	mini	2.0	-	-	-
2.		Panasonic FZ200	Y	stereo / mono	Y	-	mini	2.0	-	-	-
3.		Canon SX50	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Canon SX60	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
5.		Fujifilm X-A1	Y	stereo / mono	-	-	mini	2.0	Y	-	-
6.		Fujifilm X-E2	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
7.		Fujifilm X100S	Y	stereo / mono	-	-	micro	2.0	-	-	-
8.		Leica T	Y	stereo / mono	-	-	-	2.0	Y	-	-
9.		Leica TL	Y	stereo / mono	-	-	micro	2.0	Y	-	-
10.		Leica X1	Y	- / -	-	-	mini	2.0	-	-	-
11.		Leica X Vario	Y	stereo / mono	-	-	mini	2.0	-	-	-
12.		Leica X Typ 113	Y	stereo / mono	-	-	mini	2.0	-	-	-
13.		Nikon Coolpix A	Y	stereo / mono	-	-	-	2.0	-	-	-
14.		Panasonic FZ100	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
16.		Panasonic FZ300	Y	stereo / mono	Y	-	mini	2.0	Y	-	-
17.		Ricoh GR	Y	mono / mono	-	-	micro	2.0	-	-	-

Both the X2 and the FZ200 have been discontinued, but can regularly be found used on ebay. The FZ200 was replaced by the Panasonic FZ300, while the X2 does not have a direct successor. Further information on the features and operation of the X2 and FZ200 can be found, respectively, in the Leica X2 Manual (free pdf) or the online Panasonic FZ200 Manual.

Review summary

So what conclusions can be drawn? Is the Leica X2 better than the Panasonic FZ200 or vice versa? Below is a summary of the relative strengths of each of the two contestants.

Reasons to prefer the Leica X2:

• More detail: Offers more megapixels (16.1 vs 12MP) with a 18% higher linear resolution.
• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• 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.
• More compact: Is smaller (124x69mm vs 125x87mm) and thus needs less room in the bag.
• Less heavy: Is lighter (by 243g or 41 percent) and hence easier to carry around.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.

Advantages of the Panasonic Lumix DMC-FZ200:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Broader imaging potential: Can capture not only stills but also 1080/60p video.
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• Larger screen: Has a bigger rear LCD (3.0" vs 2.7") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (460k vs 230k dots).
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
• Faster burst: Shoots at higher frequency (12 vs 5 flaps/sec) to capture the decisive moment.
• Wider view: Has a wider-angle lens that facilitates landscape or interior shots.
• Longer lasting: Gets more shots (540 versus 450) out of a single battery charge.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More affordable: Was introduced into a lower priced category (70 percent cheaper at launch).

If the count of individual advantages (bullet points above) is taken as a guide, the FZ200 is the clear winner of the contest (14 : 9 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional sports photographer will view the differences between cameras in a way that diverges from the perspective of a street photog, and a person interested in family portraits has distinct needs from a landscape 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 X2 and the Panasonic FZ200 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 comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it says little about, for example, the shooting experience and imaging performance of the X2 and the FZ200 in practical situations. 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 X2	3/5	..	..	..	3/5	4/5	May 2012	1,995	ebay.com
2.		Panasonic FZ200	3/5	+ +	..	80/100	4.5/5	4.5/5	Jul 2012	599	ebay.com
3.		Canon SX50	3/5	+ +	..	72/100	4.5/5	4.5/5	Sep 2012	429	ebay.com
4.		Canon SX60	3/5	+ +	..	75/100	4/5	4.5/5	Sep 2014	549	ebay.com
5.		Fujifilm X-A1	..	..	..	..	4.5/5	4.5/5	Sep 2013	399	ebay.com
6.		Fujifilm X-E2	4/5	..	..	80/100	4.5/5	5/5	Oct 2013	999	ebay.com
7.		Fujifilm X100S	5/5	+ +	..	81/100	4.5/5	5/5	Jan 2013	1,299	ebay.com
8.		Leica T	3/5	..	..	..	4/5	4/5	Apr 2014	1,850	ebay.com
9.		Leica TL	..	..	..	..	..	4/5	Nov 2016	1,695	ebay.com
10.		Leica X1	3/5	..	..	+	..	4/5	Sep 2009	1,995	ebay.com
11.		Leica X Vario	3/5	..	..	..	4/5	4/5	Jun 2013	2,850	ebay.com
12.		Leica X Typ 113	3.5/5	..	..	..	3.5/5	4/5	Sep 2014	2,295	ebay.com
13.		Nikon Coolpix A	4/5	+	..	75/100	4/5	4/5	Mar 2013	1,099	ebay.com
14.		Panasonic FZ100	..	+	..	..	4.5/5	4.5/5	Jul 2010	499	ebay.com
15.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
16.		Panasonic FZ300	..	+ +	..	..	4.5/5	4.5/5	Jul 2015	599	amazon.com
17.		Ricoh GR	5/5	..	..	79/100	4.5/5	4.5/5	Apr 2013	799	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The review scores listed above should be treated with care, though. The assessments were made in relation to similar cameras of the same technological generation. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, 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.

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Check FZ200 offers at
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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. Alternatively, you can follow any of the listed hyperlinks for comparisons that others found interesting.

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