Olympus E-M5 III vs Panasonic FZ200
The Olympus OM-D E-M5 Mark III and the Panasonic Lumix DMC-FZ200 are two digital cameras that were officially introduced, respectively, in October 2019 and July 2012. The E-M5 III is a mirrorless interchangeable lens camera, while the FZ200 is a fixed lens compact. The cameras are based on a Four Thirds (E-M5 III) and a 1/2.3-inch (FZ200) sensor. The Olympus has a resolution of 20.2 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.
Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus OM-D E-M5 Mark III 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.
The physical size and weight of the Olympus E-M5 III and the Panasonic FZ200 are illustrated 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 dimensions are rounded to the nearest millimeter.
The E-M5 III 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 somewhat larger (2 percent) than the Olympus E-M5 III. It is worth mentioning in this context that the E-M5 III is splash and dust resistant, while the FZ200 does not feature any corresponding weather-sealing.
The above size and weight comparisons are to some extent incomplete and possibly misleading, as the FZ200 has a lens built in, whereas the E-M5 III 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 E-M5 III and their specifications in the Micro Four Thirds Lens Catalog.
Concerning battery life, the E-M5 III gets 310 shots out of its BLS-50 battery, while the FZ200 can take 540 images on a single charge of its DMW-BLC12 power pack. The power pack in the E-M5 III can be charged via the USB port, so that it is not always necessary to take the battery charger along 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.
|1.||Olympus E-M5 III||125 mm||85 mm||50 mm||414 g||310||Y||Oct 2019||1,199|
|2.||Panasonic FZ200||125 mm||87 mm||110 mm||588 g||540||n||Jul 2012||599|
|3.||Canon SX60||128 mm||93 mm||114 mm||650 g||340||n||Sep 2014||549|
|4.||Olympus E-M1 III||134 mm||91 mm||69 mm||580 g||420||Y||Feb 2020||1,799|
|5.||Olympus E-M10 IV||122 mm||84 mm||49 mm||383 g||360||n||Aug 2020||699|
|6.||Olympus E-M1X||144 mm||147 mm||75 mm||997 g||870||Y||Jan 2019||2,999|
|7.||Olympus PEN-F||125 mm||72 mm||37 mm||427 g||330||n||Jan 2016||1,199|
|8.||Olympus E-M5 II||124 mm||85 mm||45 mm||469 g||310||Y||Feb 2015||1,099|
|9.||Olympus E-M1||130 mm||94 mm||63 mm||497 g||350||Y||Sep 2013||1,399|
|10.||Olympus E-M5||122 mm||89 mm||43 mm||425 g||360||Y||Feb 2012||1,299|
|11.||Panasonic G90||130 mm||94 mm||77 mm||536 g||290||Y||Apr 2019||999|
|12.||Panasonic FZ330||132 mm||92 mm||117 mm||691 g||380||Y||Jul 2015||599|
|13.||Panasonic GX8||133 mm||78 mm||63 mm||487 g||330||Y||Jul 2015||1,199|
|14.||Panasonic LX7||111 mm||68 mm||46 mm||298 g||330||n||Jul 2012||499|
|15.||Panasonic FZ150||124 mm||82 mm||92 mm||528 g||410||n||Aug 2011||499|
|16.||Panasonic FZ100||124 mm||82 mm||92 mm||540 g||410||n||Jul 2010||499|
|17.||Sony A6600||120 mm||67 mm||69 mm||503 g||810||Y||Aug 2019||1,399|
|Notes: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.|
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 lower price than the E-M5 III, despite having a lens built in. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. 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.
The imaging sensor is at the core of digital cameras and its size is one of the main determining factors 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. 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 more expensive and lead to bigger and heavier cameras and lenses.
Of the two cameras under consideration, the Olympus E-M5 III features a Four Thirds sensor and the Panasonic FZ200 a 1/2.3-inch sensor. The sensor area in the FZ200 is 88 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.0 and 5.6. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.
With 20.2MP, the E-M5 III offers a higher resolution than the FZ200 (12MP), but the E-M5 III nevertheless has larger individual pixels (pixel pitch of 3.34μm versus 1.53μm for the FZ200) due to its larger sensor. Moreover, the E-M5 III is a much more recent model (by 7 years and 3 months) than the FZ200, and its sensor will 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 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 Olympus E-M5 III implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the E-M5 III for good quality output (200 dots per inch) amounts to 25.9 x 19.4 inches or 65.8 x 49.4 cm, for very good quality (250 dpi) 20.7 x 15.6 inches or 52.7 x 39.5 cm, and for excellent quality (300 dpi) 17.3 x 13 inches or 43.9 x 32.9 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 E-M5 III has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.
Unlike the FZ200, the E-M5 III has the capacity to capture high quality composite images (80MP) by combining multiple shots after shifting its sensor by miniscule distances. This multi-shot, pixel-shift mode is most suitable for photography of stationary objects (landscapes, studio scenes).
The Olympus OM-D E-M5 Mark III has a native sensitivity range from ISO 200 to ISO 25600, which can be extended to ISO 64-25600. 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.
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 following table provides an overview of the physical sensor characteristics, as well as the sensor quality measurements for a selection of comparators.
| DXO |
|1.||Olympus E-M5 III||Four Thirds||20.2||5184||3888||4K/30p||..||..||..||..|
|4.||Olympus E-M1 III||Four Thirds||20.2||5184||3888||4K/30p||..||..||..||..|
|5.||Olympus E-M10 IV||Four Thirds||20.2||5184||3888||4K/30p||..||..||..||..|
|6.||Olympus E-M1X||Four Thirds||20.2||5184||3888||4K/30p||..||..||..||..|
|7.||Olympus PEN-F||Four Thirds||20.2||5184||3888||1080/60p||23.1||12.4||894||74|
|8.||Olympus E-M5 II||Four Thirds||15.9||4608||3456||1080/60p||23.0||12.5||842||73|
|9.||Olympus E-M1||Four Thirds||15.9||4608||3456||1080/30p||23.0||12.7||757||73|
|10.||Olympus E-M5||Four Thirds||15.9||4608||3456||1080/60i||22.8||12.3||826||71|
|11.||Panasonic G90||Four Thirds||20.2||5184||3888||4K/30p||..||..||..||..|
|13.||Panasonic GX8||Four Thirds||20.2||5184||3888||4K/30p||23.5||12.6||806||75|
Many modern cameras are not only capable of taking still images, but can also record movies. Both cameras under consideration have a sensor with sufficiently fast read-out times for moving pictures, but the E-M5 III provides a higher video resolution than the FZ200. It can shoot video footage at 4K/30p, while the Panasonic is limited to 1080/60p.
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 E-M5 III offers a substantially higher resolution than the one in the FZ200 (2360k vs 1312k dots). The following table reports on some other key feature differences and similarities of the Olympus E-M5 III, the Panasonic FZ200, and comparable cameras.
|1.||Olympus E-M5 III||2360||n||3.0||1040||swivel||Y||1/8000s||10.0||n||Y|
|4.||Olympus E-M1 III||2360||n||3.0||1037||swivel||Y||1/8000s||18.0||n||Y|
|5.||Olympus E-M10 IV||2360||n||3.0||1040||tilting||Y||1/4000s||15.0||Y||Y|
|8.||Olympus E-M5 II||2360||n||3.0||1037||swivel||Y||1/8000s||10.0||n||Y|
One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The E-M5 III has a touchscreen, while the FZ200 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.Both cameras have an articulated rear screen that can be turned to be front-facing. This feature will be particularly appreciated by vloggers and photographers who are interested in taking selfies.
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 E-M5 III 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 Olympus E-M5 III 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 E-M5 III and the FZ200 write their files to SDXC cards. The E-M5 III supports UHS-II cards (Ultra High Speed data transfer of up to 312 MB/s), while the FZ200 can use UHS-I cards (up to 104 MB/s).
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 Olympus OM-D E-M5 Mark III and Panasonic Lumix DMC-FZ200 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.
| WiFi |
| NFC |
|1.||Olympus E-M5 III||Y||stereo||mono||Y||-||micro||2.0||Y||-||Y|
|4.||Olympus E-M1 III||Y||stereo||mono||Y||Y||micro||3.1||Y||-||Y|
|5.||Olympus E-M10 IV||Y||stereo||mono||-||-||micro||2.0||Y||-||Y|
|8.||Olympus E-M5 II||Y||stereo||mono||Y||-||micro||2.0||Y||-||-|
It is notable that the E-M5 III offers wifi support, while the FZ200 does not. Wifi can be a very convenient means to transfer image data to an off-camera location.
The E-M5 III is a recent model that features in the current product line-up of Olympus. In contrast, the FZ200 has been discontinued (but can be found pre-owned on eBay). As a replacement in the same line of cameras, the FZ200 was succeeded by the Panasonic FZ300. Further information on the two cameras (e.g. user guides, manuals), as well as related accessories, can be found on the official Olympus and Panasonic websites.
So what is the bottom line? Is there a clear favorite between the Olympus E-M5 III and the Panasonic FZ200? Which camera is better? Below is a summary of the relative strengths of each of the two contestants.
Reasons to prefer the Olympus OM-D E-M5 Mark III:
- More detail: Offers more megapixels (20.2 vs 12MP) with a 30% higher linear resolution.
- High quality composites: Can combine several shots after pixel-shifting its sensor.
- 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.
- Better video: Provides higher definition movie capture (4K/30p vs 1080/60p).
- Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
- More detailed viewfinder: Has higher resolution electronic viewfinder (2360k vs 1312k dots).
- Larger viewfinder image: Features a viewfinder with a higher magnification (0.68x vs 0.46x).
- More detailed LCD: Has a higher resolution rear screen (1040k vs 460k dots).
- Fewer buttons to press: Is equipped with a touch-sensitive rear screen to facilitate handling.
- Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
- Less disturbing: Has an electronic shutter option for completely silent shooting.
- Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
- More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
- Easier travel charging: Can be conveniently charged via its USB port.
- Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
- Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
- Easier wireless transfer: Supports Bluetooth for image sharing without cables.
- Faster buffer clearing: Supports a more advanced SD data transfer standard (UHS-II vs UHS-I).
- More modern: Reflects 7 years and 3 months of technical progress since the FZ200 launch.
Arguments in favor of the Panasonic Lumix DMC-FZ200:
- Faster burst: Shoots at higher frequency (12 vs 10 flaps/sec) to capture the decisive moment.
- Ready to shoot: Has an integrated lens, whereas the E-M5 III necessitates an extra lens.
- Longer lasting: Gets more shots (540 versus 310) out of a single battery charge.
- Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
- More affordable: Was introduced at a lower price, despite coming with a built-in lens.
- More heavily discounted: Has been around for much longer (launched in July 2012).
If the count of relative strengths (bullet points above) is taken as a measure, the E-M5 III is the clear winner of the match-up (22 : 6 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.
How about other alternatives? Do the specifications of the Olympus E-M5 III and the Panasonic FZ200 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 comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it says little about, for example, the shooting experience and imaging performance of the E-M5 III 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.
This is where reviews by experts come in. The adjacent summary-table relays the overall verdicts of several of the most popular camera review sites (amateurphotographer [AP], cameralabs [CL], 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.
|1.||Olympus E-M5 III||5/5||+||82/100||4.5/5||4.5/5||Oct 2019||1,199|
|2.||Panasonic FZ200||3/5||+ +||80/100||4.5/5||4.5/5||Jul 2012||599|
|3.||Canon SX60||3/5||+ +||75/100||4/5||4.5/5||Sep 2014||549|
|4.||Olympus E-M1 III||5/5||..||83/100||4.5/5||4/5||Feb 2020||1,799|
|5.||Olympus E-M10 IV||4.5/5||..||..||4.5/5||4.5/5||Aug 2020||699|
|6.||Olympus E-M1X||4.5/5||o||..||4.5/5||..||Jan 2019||2,999|
|7.||Olympus PEN-F||..||..||82/100||4.5/5||5/5||Jan 2016||1,199|
|8.||Olympus E-M5 II||5/5||+ +||81/100||5/5||5/5||Feb 2015||1,099|
|9.||Olympus E-M1||5/5||+ +||84/100||4.5/5||4.5/5||Sep 2013||1,399|
|10.||Olympus E-M5||4/5||+ +||80/100||4.5/5||5/5||Feb 2012||1,299|
|11.||Panasonic G90||4.5/5||+||83/100||4.5/5||4.5/5||Apr 2019||999|
|12.||Panasonic FZ330||..||+ +||..||4.5/5||4.5/5||Jul 2015||599|
|13.||Panasonic GX8||5/5||+||82/100||4.5/5||4.5/5||Jul 2015||1,199|
|14.||Panasonic LX7||3/5||+ +||75/100||4/5||4.5/5||Jul 2012||499|
|15.||Panasonic FZ150||3/5||+ +||76/100||4/5||4.5/5||Aug 2011||499|
|16.||Panasonic FZ100||..||+||..||4.5/5||4.5/5||Jul 2010||499|
|17.||Sony A6600||4/5||+||83/100||4.5/5||4/5||Aug 2019||1,399|
|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 comparing ratings of very distinct cameras or ones that are far apart in terms of their release date have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.
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 use the search menu below. There is also a set of direct links to comparison reviews that other users of the CAM-parator app explored.
Specifications: Olympus E-M5 III vs Panasonic FZ200
Below is a side-by-side comparison of the specs of the two cameras to facilitate a quick review of their differences and common features.
|Camera Model||Olympus E-M5 III||Panasonic FZ200|
|Camera Type||Mirrorless system camera||Fixed lens compact camera|
|Camera Lens||Micro Four Thirds lenses||25-600mm f/2.8|
|Launch Date||October 2019||July 2012|
|Launch Price||USD 1,199||USD 599|
|Sensor Specs||Olympus E-M5 III||Panasonic FZ200|
|Sensor Format||Four Thirds Sensor||1/2.3" Sensor|
|Sensor Size||17.3 x 13.0 mm||6.17 x 4.55 mm|
|Sensor Area||224.9 mm2||28.0735 mm2|
|Sensor Diagonal||21.6 mm||7.7 mm|
|Sensor Resolution||20.2 Megapixels||12 Megapixels|
|Image Resolution||5184 x 3888 pixels||4000 x 3000 pixels|
|Pixel Pitch||3.34 μm||1.53 μm|
|Pixel Density||8.96 MP/cm2||42.74 MP/cm2|
|Moiré control||no AA filter||no AA filter|
|Movie Capability||4K/30p Video||1080/60p Video|
|ISO Setting||200 - 25,600 ISO||100 - 3,200 ISO|
|ISO Boost||64 - 25,600 ISO||100 - 6,400 ISO|
|Image Processor||TruePic VIII||Venus VII FHD|
|DXO Sensor Quality (score)||..||37|
|DXO Color Depth (bits)||..||19.1|
|DXO Dynamic Range (EV)||..||10.8|
|DXO Low Light (ISO)||..||114|
|Screen Specs||Olympus E-M5 III||Panasonic FZ200|
|Viewfinder Type||Electronic viewfinder||Electronic viewfinder|
|Viewfinder Field of View||100%||100%|
|Viewfinder Resolution||2360k dots||1312k dots|
|LCD Framing||Live View||Live View|
|Rear LCD Size||3.0inch||3.0inch|
|LCD Resolution||1040k dots||460k dots|
|LCD Attachment||Swivel screen||Swivel screen|
|Touch Input||Touchscreen||no Touchscreen|
|Shooting Specs||Olympus E-M5 III||Panasonic FZ200|
|Focus System||On-Sensor Phase-detect||Contrast-detect AF|
|Manual Focusing Aid||Focus Peaking||no Peaking Feature|
|Continuous Shooting||10 shutter flaps/s||12 shutter flaps/s|
|Electronic Shutter||up to 1/32000s||no E-Shutter|
|Time-Lapse Photography||Intervalometer built-in||no Intervalometer|
|Image Stabilization||In-body stabilization||Lens-based stabilization|
|Fill Flash||no On-Board Flash||Build-in Flash|
|Storage Medium||SDXC cards||SDXC cards|
|Second Storage Option||Single card slot||Single card slot|
|UHS card support||UHS-II||UHS-I|
|Connectivity Specs||Olympus E-M5 III||Panasonic FZ200|
|USB Connector||USB 2.0||USB 2.0|
|HDMI Port||micro HDMI||mini HDMI|
|Microphone Port||External MIC port||External MIC port|
|Wifi Support||Wifi built-in||no Wifi|
|Bluetooth Support||Bluetooth built-in||no Bluetooth|
|Body Specs||Olympus E-M5 III||Panasonic FZ200|
|Environmental Sealing||Weathersealed body||not weather sealed|
|Battery Life (CIPA)||310 shots per charge||540 shots per charge|
|In-Camera Charging||USB charging||no USB charging|
125 x 85 x 50 mm
(4.9 x 3.3 x 2.0 in)
125 x 87 x 110 mm
(4.9 x 3.4 x 4.3 in)
|Camera Weight||414 g (14.6 oz)||588 g (20.7 oz)|
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