Nikon 1 V2 vs Panasonic GM5

The Nikon 1 V2 and the Panasonic Lumix DMC-GM5 are two digital cameras that were revealed to the public, respectively, in October 2012 and September 2014. Both the V2 and the GM5 are mirrorless interchangeable lens cameras that are based on an one-inch (V2) and a Four Thirds (GM5) sensor. The Nikon has a resolution of 14.2 megapixels, whereas the Panasonic provides 15.8 MP.

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

Headline Specifications

Nikon 1 V2		Panasonic GM5
Mirrorless system camera		Mirrorless system camera
Nikon 1 mount lenses		Micro Four Thirds lenses
14.2 MP – 1" sensor		15.8 MP – Four Thirds sensor
1080/60p Video		1080/60p Video
ISO 160-12,800		ISO 200-25,600
Electronic viewfinder (1440k dots)		Electronic viewfinder (1166k dots)
3.0" LCD – 921k dots		3.0" LCD – 921k dots
Fixed screen (not touch-sensitive)		Fixed touchscreen
15 shutter flaps per second		5.8 shutter flaps per second
310 shots per battery charge		220 shots per battery charge
109 x 82 x 46 mm, 278 g		99 x 60 x 36 mm, 211 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Nikon 1 V2 and the Panasonic Lumix DMC-GM5? 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 physical size and weight of the Nikon 1 V2 and the Panasonic GM5 are illustrated 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 size dimensions are rounded to the nearest millimeter.

The V2 can be obtained in two different colors (black, white), while the GM5 is also available in two color-versions, but different ones (black, silver).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic GM5 is considerably smaller (34 percent) than the Nikon 1 V2. Moreover, the GM5 is markedly lighter (24 percent) than the V2. In this context, it is worth noting that neither the V2 nor the GM5 are weather-sealed.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. Hence, you might want to study and compare the specifications of available lenses in order to get the full picture of the size and weight of the two camera systems.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. 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.		Nikon 1 V2	109 mm	82 mm	46 mm	278 g	310	n	Oct 2012	799	ebay.com
2.		Panasonic GM5	99 mm	60 mm	36 mm	211 g	220	n	Sep 2014	749	ebay.com
3.		Canon G1 X	117 mm	81 mm	65 mm	534 g	250	n	Jan 2012	799	ebay.com
4.		Fujifilm X-M1	117 mm	67 mm	39 mm	330 g	350	n	Jun 2013	699	ebay.com
5.		Nikon 1 J4	100 mm	60 mm	29 mm	232 g	300	n	Apr 2014	549	ebay.com
6.		Nikon 1 V1	113 mm	76 mm	44 mm	383 g	350	n	Sep 2011	799	ebay.com
7.		Nikon 1 V3	111 mm	65 mm	33 mm	381 g	310	n	Mar 2014	799	ebay.com
8.		Panasonic G6	122 mm	85 mm	71 mm	390 g	340	n	Apr 2013	599	ebay.com
9.		Panasonic G7	125 mm	86 mm	77 mm	410 g	350	n	May 2015	649	ebay.com
10.		Panasonic GF5	108 mm	67 mm	37 mm	267 g	360	n	Apr 2012	499	ebay.com
11.		Panasonic GF6	111 mm	65 mm	38 mm	323 g	340	n	Apr 2013	499	ebay.com
12.		Panasonic GH2	124 mm	90 mm	76 mm	442 g	330	n	Sep 2010	899	ebay.com
13.		Panasonic GM1	99 mm	55 mm	30 mm	204 g	230	n	Oct 2013	749	ebay.com
14.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	699	ebay.com
15.		Ricoh GR	117 mm	61 mm	35 mm	245 g	290	n	Apr 2013	799	ebay.com
16.		Sony RX100 II	102 mm	58 mm	38 mm	281 g	350	n	Jun 2013	749	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

The price is, of course, an important factor in any camera decision. The listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. The GM5 was somewhat cheaper (by 6 percent) than the V2 at launch, but both cameras fall into the same price category. 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 imaging sensor is at the core of digital cameras and its size is one of the main determining factors 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. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its 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 Nikon 1 V2 features an one-inch sensor and the Panasonic GM5 a Four Thirds sensor. The sensor area in the GM5 is 94 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 2.0. The sensor in the V2 has a native 3:2 aspect ratio, while the one in the GM5 offers a 4:3 aspect.

With 15.8MP, the GM5 offers a higher resolution than the V2 (14.2MP), but the GM5 nevertheless has larger individual pixels (pixel pitch of 3.77μm versus 2.86μm for the V2) due to its larger sensor. Moreover, the GM5 is a somewhat more recent model (by 1 year and 10 months) than the V2, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixel-units.

The V2 has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.

The Nikon 1 V2 has a native sensitivity range from ISO 160 to ISO 12800. The corresponding ISO settings for the Panasonic Lumix DMC-GM5 are ISO 200 to ISO 25600, with the possibility to increase the ISO range to 100-25600.

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"). Of the two cameras under consideration, the GM5 offers substantially better image quality than the V2 (overall score 16 points higher). The advantage is based on 1.9 bits higher color depth, 0.9 EV in additional dynamic range, and 0.8 stops in additional low light sensitivity. 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.		Nikon 1 V2	1-inch	14.2	4608	3072	1080/60p	20.2	10.8	403	50
2.		Panasonic GM5	Four Thirds	15.8	4592	3448	1080/60p	22.1	11.7	721	66
3.		Canon G1 X	1.5-inch	14.2	4352	3264	1080/24p	21.7	10.8	644	60
4.		Fujifilm X-M1	APS-C	16.0	4896	3264	1080/30p	23.4	12.6	1371	76
5.		Nikon 1 J4	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	426	53
6.		Nikon 1 V1	1-inch	10.0	3872	2592	1080/60i	21.3	11.0	346	54
7.		Nikon 1 V3	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	384	52
8.		Panasonic G6	Four Thirds	15.9	4608	3456	1080/60p	21.3	11.5	639	61
9.		Panasonic G7	Four Thirds	15.8	4592	3448	4K/30p	22.8	12.4	904	71
10.		Panasonic GF5	Four Thirds	12.0	4000	3000	1080/60i	20.5	10.0	573	50
11.		Panasonic GF6	Four Thirds	15.8	4592	3448	1080/60i	20.7	10.6	622	54
12.		Panasonic GH2	Four Thirds	15.9	4608	3456	1080/60i	21.2	11.3	655	60
13.		Panasonic GM1	Four Thirds	15.8	4592	3448	1080/60i	22.3	11.7	660	66
14.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55
15.		Ricoh GR	APS-C	16.1	4928	3264	1080/30p	23.6	13.5	972	78
16.		Sony RX100 II	1-inch	20.0	5472	3648	1080/60p	22.5	12.4	483	67
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 also of capturing video footage. Both cameras under consideration have a sensor with sufficiently fast read-out times for moving pictures, and both provide the same movie specifications (1080/60p).

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 V2 offers a higher resolution than the one in the GM5 (1440k vs 1166k dots). The adjacent table lists some of the other core features of the Nikon 1 V2 and Panasonic GM5 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.		Nikon 1 V2	1440	n	3.0 / 921	fixed	n	1/4000s	15.0/s	Y	n
2.		Panasonic GM5	1166	n	3.0 / 921	fixed	Y	1/500s	5.8/s	n	n
3.		Canon G1 X	optical	n	3.0 / 922	swivel	n	1/4000s	1.9/s	Y	Y
4.		Fujifilm X-M1	none	n	3.0 / 920	tilting	n	1/4000s	5.6/s	Y	n
5.		Nikon 1 J4	none	n	3.0 / 1037	Fixed	Y	1/4000s	60.0/s	Y	n
6.		Nikon 1 V1	1440	n	3.0 / 921	fixed	n	1/4000s	10.0/s	n	n
7.		Nikon 1 V3	optional	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
8.		Panasonic G6	1440	n	3.0 / 1036	swivel	Y	1/4000s	7.0/s	Y	n
9.		Panasonic G7	2360	n	3.0 / 1040	swivel	Y	1/4000s	7.0/s	Y	n
10.		Panasonic GF5	none	n	3.0 / 920	fixed	Y	1/4000s	4.0/s	Y	n
11.		Panasonic GF6	none	n	3.0 / 1040	tilting	Y	1/4000s	4.2/s	Y	n
12.		Panasonic GH2	1534	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
13.		Panasonic GM1	none	n	3.0 / 1036	fixed	Y	1/500s	5.0/s	Y	n
14.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
15.		Ricoh GR	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
16.		Sony RX100 II	optional	n	3.0 / 1229	tilting	n	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 V2 has one, while the GM5 does not. While the built-in flash of the V2 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 Nikon 1 V2 and the Panasonic GM5 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.

Concerning the storage of imaging data, both the V2 and the GM5 write their files to SDXC cards. Both cameras can use UHS-I cards, which provide for Ultra High Speed data transfer of 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 Nikon 1 V2 and Panasonic Lumix DMC-GM5 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.		Nikon 1 V2	-	stereo / mono	-	-	mini	2.0	-	-	-
2.		Panasonic GM5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
3.		Canon G1 X	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Fujifilm X-M1	Y	stereo / mono	-	-	mini	2.0	Y	-	-
5.		Nikon 1 J4	-	stereo / mono	-	-	mini	2.0	Y	-	-
6.		Nikon 1 V1	-	stereo / mono	-	-	mini	2.0	-	-	-
7.		Nikon 1 V3	-	stereo / mono	Y	-	mini	2.0	Y	-	-
8.		Panasonic G6	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
9.		Panasonic G7	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
10.		Panasonic GF5	-	stereo / mono	-	-	mini	2.0	-	-	-
11.		Panasonic GF6	-	stereo / mono	-	-	mini	2.0	Y	Y	-
12.		Panasonic GH2	Y	stereo / mono	Y	-	mini	2.0	-	-	-
13.		Panasonic GM1	-	stereo / mono	-	-	micro	2.0	Y	-	-
14.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Ricoh GR	Y	mono / mono	-	-	micro	2.0	-	-	-
16.		Sony RX100 II	Y	stereo / mono	-	-	micro	2.0	Y	Y	-

It is notable that the GM5 offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the V2 does not provide wifi capability.

Both the V2 and the GM5 have been discontinued, but can regularly be found used on ebay. The V2 was replaced by the Nikon 1 V3, while the GM5 does not have a direct successor. Further information on the features and operation of the V2 and GM5 can be found, respectively, in the Nikon 1 V2 Manual (free pdf) or the online Panasonic GM5 Manual.

Review summary

So what conclusions can be drawn? Is there a clear favorite between the Nikon 1 V2 and the Panasonic GM5? Which camera is better? The listing below highlights the relative strengths of the two models.

Arguments in favor of the Nikon 1 V2:

• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• More detailed viewfinder: Has higher resolution electronic viewfinder (1440k vs 1166k dots).
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/500s) to freeze action.
• Faster burst: Shoots at higher frequency (15 vs 5.8 flaps/sec) to capture the decisive moment.
• Longer lasting: Can take more shots (310 versus 220) on a single battery charge.
• Easier fill-in: Is equipped with a small onboard flash to brighten deep shadow areas.
• More heavily discounted: Has been on the market for longer (launched in October 2012).

Advantages of the Panasonic Lumix DMC-GM5:

• Better image quality: Scores substantially higher (16 points) in the DXO overall evaluation.
• Richer colors: Generates noticeably more natural colors (1.9 bits more color depth).
• More dynamic range: Captures a broader range of light and dark details (0.9 EV of extra DR).
• Better low-light sensitivity: Can shoot in dim conditions (0.8 stops ISO advantage).
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• More compact: Is smaller (99x60mm vs 109x82mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight (by 67g or 24 percent) and is thus easier to take along.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• More modern: Was introduced somewhat (1 year and 10 months) more recently.

If the count of relative strengths (bullet points above) is taken as a measure, the GM5 emerges as the winner of the match-up (10 : 7 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 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.

How about other alternatives? Do the specifications of the Nikon 1 V2 and the Panasonic GM5 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera listing 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 says little about, for example, the shooting experience and imaging performance of the V2 and the GM5 in practical situations. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

Expert reviews

This is why hands-on reviews by experts are important. The table below provides a synthesis of the camera assessments of some of the best known photo-gear 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.		Nikon 1 V2	3/5	..	..	..	4.5/5	4/5	Oct 2012	799	ebay.com
2.		Panasonic GM5	3.5/5	+	..	77/100	5/5	4.5/5	Sep 2014	749	ebay.com
3.		Canon G1 X	5/5	+	..	76/100	4/5	4.5/5	Jan 2012	799	ebay.com
4.		Fujifilm X-M1	3/5	+	..	77/100	4.5/5	4.5/5	Jun 2013	699	ebay.com
5.		Nikon 1 J4	3/5	..	..	..	4.5/5	4/5	Apr 2014	549	ebay.com
6.		Nikon 1 V1	..	+	..	69/100	4.5/5	4/5	Sep 2011	799	ebay.com
7.		Nikon 1 V3	3/5	..	..	76/100	4.5/5	4/5	Mar 2014	799	ebay.com
8.		Panasonic G6	4/5	+ +	..	..	5/5	4.5/5	Apr 2013	599	ebay.com
9.		Panasonic G7	4/5	+ +	3.5/5	80/100	5/5	4.5/5	May 2015	649	ebay.com
10.		Panasonic GF5	3/5	..	..	..	4.5/5	4.5/5	Apr 2012	499	ebay.com
11.		Panasonic GF6	..	+ +	..	..	4.5/5	4.5/5	Apr 2013	499	ebay.com
12.		Panasonic GH2	5/5	+ +	..	79/100	4.5/5	5/5	Sep 2010	899	ebay.com
13.		Panasonic GM1	3/5	+	..	78/100	5/5	4.5/5	Oct 2013	749	ebay.com
14.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	699	ebay.com
15.		Ricoh GR	5/5	..	..	79/100	4.5/5	4.5/5	Apr 2013	799	ebay.com
16.		Sony RX100 II	5/5	+ +	..	79/100	4.5/5	4.5/5	Jun 2013	749	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The review scores listed above should be treated with care, though. The ratings are only valid when referring to cameras in the same category and of the same age. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and comparing ratings of very distinct cameras or ones that are far apart in terms of their release date 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

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 use the search menu 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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