Panasonic TZ200 vs Leica M8

The Panasonic Lumix DC-TZ200 (called Panasonic ZS200 in some regions) and the Leica M8 are two digital cameras that were announced, respectively, in February 2018 and September 2006. The TZ200 is a fixed lens compact, while the M8 is a rangefinder-focusing mirrorless. The cameras are based on an one-inch (TZ200) and an APS-H (M8) sensor. The Panasonic has a resolution of 20 megapixels, whereas the Leica provides 10.4 MP.

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

Headline Specifications

Panasonic TZ200		Leica M8
Fixed lens compact camera		Rangefinder camera
24-360mm f/3.3-6.4		Leica M mount lenses
20 MP – 1" sensor		10.4 MP – APS-H sensor
4K/30p Video		no Video
ISO 125-12,800 (80 - 25,600)		ISO 160-2,500
Electronic viewfinder (2330k dots)		Optical viewfinder
3.0" LCD – 1240k dots		2.5" LCD – 230k dots
Fixed touchscreen		Fixed screen (not touch-sensitive)
10 shutter flaps per second		2 shutter flaps per second
In-body stabilization		no shake reduction
370 shots per battery charge		550 shots per battery charge
111 x 65 x 45 mm, 340 g		139 x 80 x 37 mm, 591 g

Check TZ200 price at
amazon.com
Check M8 offers at
ebay.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Panasonic Lumix DC-TZ200 and the Leica M8? 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 Panasonic TZ200 and the Leica M8 are illustrated in the side-by-side display below. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All size 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 Leica M8 is considerably larger (54 percent) than the Panasonic TZ200. In this context, it is worth noting that neither the TZ200 nor the M8 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the TZ200 has a lens built in, whereas the M8 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 M8 and their specifications in the Leica M Lens Catalog.

Concerning battery life, the TZ200 gets 370 shots out of its Panasonic DMW-BLG10 battery, while the M8 can take 550 images on a single charge of its Leica BLI-312 power pack. The power pack in the TZ200 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.

Body Specifications

#		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Panasonic TZ200	111 mm	65 mm	45 mm	340 g	370	n	Feb 2018	799	amazon.com
2.		Leica M8	139 mm	80 mm	37 mm	591 g	550	n	Sep 2006	5,499	ebay.com
3.		Canon G5 X Mark II	111 mm	61 mm	46 mm	340 g	230	n	Jul 2019	899	ebay.com
4.		Canon XTi	127 mm	84 mm	65 mm	556 g	370	n	Aug 2006	799	ebay.com
5.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
6.		Leica M9	139 mm	80 mm	37 mm	585 g	550	n	Sep 2009	7,999	ebay.com
7.		Nikon D80	132 mm	103 mm	77 mm	668 g	600	n	Aug 2006	999	ebay.com
8.		Panasonic FZ1000 II	136 mm	97 mm	131 mm	810 g	350	n	Feb 2019	899	amazon.com
9.		Panasonic TZ95	112 mm	69 mm	42 mm	327 g	380	n	Feb 2019	449	ebay.com
10.		Panasonic LX100 II	115 mm	66 mm	65 mm	392 g	300	n	Aug 2018	999	ebay.com
11.		Panasonic GX9	124 mm	72 mm	47 mm	407 g	260	n	Feb 2018	849	ebay.com
12.		Panasonic TZ90	112 mm	67 mm	41 mm	322 g	380	n	Apr 2017	449	ebay.com
13.		Panasonic LX15	106 mm	60 mm	42 mm	310 g	260	n	Sep 2016	699	amazon.com
14.		Panasonic TZ100	111 mm	65 mm	44 mm	312 g	300	n	Jan 2016	699	ebay.com
15.		Panasonic FZ1000	137 mm	99 mm	131 mm	831 g	360	n	Jun 2014	899	ebay.com
16.		Panasonic L10	135 mm	96 mm	78 mm	556 g	450	n	Aug 2007	599	ebay.com
17.		Ricoh GR III	109 mm	62 mm	33 mm	257 g	200	n	Feb 2019	899	amazon.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 TZ200 was launched at a lower price than the M8, 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.

Sensor comparison

The size of the imaging sensor is a crucial determinant 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 more expensive and lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Panasonic TZ200 features an one-inch sensor and the Leica M8 an APS-H sensor. The sensor area in the M8 is 319 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 1.3. Both cameras have a native aspect ratio (sensor width to sensor height) of 3:2.

Despite having a smaller sensor, the Panasonic TZ200 offers a higher resolution of 20 megapixels, compared with 10.4 MP of the Leica M8. This megapixels advantage comes at the cost of a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 2.41μm versus 6.84μm for the M8). However, it should be noted that the TZ200 is much more recent (by 11 years and 5 months) than the M8, and its sensor will have benefitted from technological advances during this time that make it possible to gather light more efficiently. Coming back to sensor resolution, it should be mentioned that the M8 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Panasonic TZ200 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the TZ200 for good quality output (200 dots per inch) amounts to 27.4 x 18.2 inches or 69.5 x 46.3 cm, for very good quality (250 dpi) 21.9 x 14.6 inches or 55.6 x 37.1 cm, and for excellent quality (300 dpi) 18.2 x 12.2 inches or 46.3 x 30.9 cm. The corresponding values for the Leica M8 are 19.7 x 13.2 inches or 50 x 33.4 cm for good quality, 15.7 x 10.5 inches or 40 x 26.7 cm for very good quality, and 13.1 x 8.8 inches or 33.3 x 22.3 cm for excellent quality prints.

The Panasonic Lumix DC-TZ200 has a native sensitivity range from ISO 125 to ISO 12800, which can be extended to ISO 80-25600. The corresponding ISO settings for the Leica M8 are ISO 160 to ISO 2500 (no boost).

In terms of underlying technology, the TZ200 is build around a CMOS sensor, while the M8 uses a CCD 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.

For many cameras, data on sensor performance has been reported by DXO Mark. 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 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.		Panasonic TZ200	1-inch	20.0	5472	3648	4K/30p	22.0	12.2	449	64
2.		Leica M8	APS-H	10.4	3936	2630	none	21.1	11.3	663	59
3.		Canon G5 X Mark II	1-inch	20.0	5472	3648	4K/30p	22.2	12.4	583	65
4.		Canon XTi	APS-C	10.1	3888	2592	none	22.1	11.0	664	62
5.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
6.		Leica M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
7.		Nikon D80	APS-C	10.0	3872	2592	none	22.1	11.2	524	61
8.		Panasonic FZ1000 II	1-inch	20.0	5472	3648	4K/30p	22.1	12.4	546	65
9.		Panasonic TZ95	1/2.3	20.2	5184	3888	4K/30p	20.7	12.2	1103	52
10.		Panasonic LX100 II	Four Thirds	16.8	4736	3552	4K/30p	22.8	12.7	979	72
11.		Panasonic GX9	Four Thirds	20.2	5184	3888	4K/30p	23.1	12.8	1163	74
12.		Panasonic TZ90	1/2.3	20.2	5184	3888	4K/30p	19.1	10.6	106	36
13.		Panasonic LX15	1-inch	20.0	5472	3648	4K/30p	21.9	12.0	315	62
14.		Panasonic TZ100	1-inch	20.0	5472	3648	4K/30p	22.8	12.5	559	70
15.		Panasonic FZ1000	1-inch	20.0	5472	3648	4K/30p	22.1	11.7	517	64
16.		Panasonic L10	Four Thirds	10.0	3648	2736	none	21.3	10.8	429	55
17.		Ricoh GR III	APS-C	24.0	6000	4000	1080/60p	24.1	13.5	1897	83
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 TZ200 indeed provides movie recording capabilities, while the M8 does not. The highest resolution format that the TZ200 can use is 4K/30p.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the TZ200 has an electronic viewfinder (2330k dots), while the M8 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The table below summarizes some of the other core capabilities of the Panasonic TZ200 and Leica M8 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.		Panasonic TZ200	2330	n	3.0 / 1240	fixed	Y	1/2000s	10.0/s	Y	Y
2.		Leica M8	optical	n	2.5 / 230	fixed	n	1/8000s	2.0/s	n	n
3.		Canon G5 X Mark II	2360	n	3.0 / 1040	tilting	Y	1/2000s	30/s	Y	Y
4.		Canon XTi	optical	n	2.5 / 230	fixed	n	1/4000s	3.0/s	Y	n
5.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
6.		Leica M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
7.		Nikon D80	optical	n	2.5 / 230	fixed	n	1/4000s	3.0/s	Y	n
8.		Panasonic FZ1000 II	2360	n	3.0 / 1240	swivel	Y	1/4000s	12.0/s	Y	Y
9.		Panasonic TZ95	2330	n	3.0 / 1040	tilting	Y	1/2000s	10.0/s	Y	Y
10.		Panasonic LX100 II	2764	n	3.0 / 1240	fixed	Y	1/4000s	11.0/s	n	Y
11.		Panasonic GX9	2760	n	3.0 / 1240	tilting	Y	1/4000s	9.0/s	Y	Y
12.		Panasonic TZ90	1166	n	3.0 / 1040	tilting	Y	1/2000s	10.0/s	Y	Y
13.		Panasonic LX15	none	n	3.0 / 1040	tilting	Y	1/4000s	10.0/s	Y	Y
14.		Panasonic TZ100	1166	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	Y	Y
15.		Panasonic FZ1000	2359	n	3.0 / 921	swivel	n	1/4000s	12.0/s	Y	Y
16.		Panasonic L10	optical	n	2.5 / 207	swivel	n	1/4000s	3.0/s	Y	n
17.		Ricoh GR III	optional	n	3.0 / 1037	fixed	Y	1/4000s	4.0/s	n	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 TZ200 has one, while the M8 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, the TZ200 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 Panasonic TZ200 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 TZ200 and the M8 write their files to SDXC cards. The TZ200 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the M8 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 Panasonic Lumix DC-TZ200 and Leica M8 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.		Panasonic TZ200	-	stereo / mono	-	-	micro	2.0	Y	-	Y
2.		Leica M8	Y	- / -	-	-	-	2.0	-	-	-
3.		Canon G5 X Mark II	-	stereo / mono	-	-	micro	3.1	Y	-	Y
4.		Canon XTi	Y	- / -	-	-	-	2.0	-	-	-
5.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
6.		Leica M9	Y	- / -	-	-	-	2.0	-	-	-
7.		Nikon D80	Y	- / -	-	-	-	2.0	-	-	-
8.		Panasonic FZ1000 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
9.		Panasonic TZ95	-	stereo / mono	-	-	micro	2.0	Y	-	Y
10.		Panasonic LX100 II	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
11.		Panasonic GX9	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
12.		Panasonic TZ90	-	stereo / mono	-	-	micro	2.0	Y	-	-
13.		Panasonic LX15	-	stereo / mono	-	-	micro	2.0	Y	-	-
14.		Panasonic TZ100	-	stereo / mono	-	-	micro	2.0	Y	-	-
15.		Panasonic FZ1000	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
16.		Panasonic L10	Y	- / -	-	-	-	2.0	-	-	-
17.		Ricoh GR III	Y	stereo / mono	-	-	-	3.0	Y	-	Y

It is notable that the TZ200 offers wifi support, while the M8 does not. Wifi can be a very convenient means to transfer image data to an off-camera location.

The TZ200 is a recent model that features in the current product line-up of Panasonic. In contrast, the M8 has been discontinued (but can be found pre-owned on ebay). As a replacement in the same line of cameras, the M8 was succeeded by the Leica M9. Further information on the features and operation of the TZ200 and M8 can be found, respectively, in the Panasonic TZ200 Manual (free pdf) or the online Leica M8 Manual.

Review summary

So what conclusions can be drawn? Which of the two cameras – the Panasonic TZ200 or the Leica M8 – 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 Panasonic Lumix DC-TZ200:

• More detail: Offers more megapixels (20 vs 10.4MP) with a 39% higher linear resolution.
• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Broader imaging potential: Can record not only still images but also 4K/30p movies.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Larger screen: Has a bigger rear LCD (3.0" vs 2.5") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (1240k vs 230k dots).
• Fewer buttons to press: Is equipped with a touch-sensitive rear screen to facilitate handling.
• Faster burst: Shoots at higher frequency (10 vs 2 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Has a lens built-in, whereas the M8 requires a separate lens.
• More compact: Is smaller (111x65mm vs 139x80mm) and thus needs less room in the bag.
• Less heavy: Is lighter even though it comes with a built-in lens (unlike the M8).
• Easier travel charging: Can be conveniently charged via its USB port.
• Sharper images: Has hand-shake reducing image stabilization built-in.
• Easier fill-in: Is equipped with a small onboard flash to brighten deep shadow areas.
• 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: Has an SD card interface that supports the UHS-I standard.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More modern: Reflects 11 years and 5 months of technical progress since the M8 launch.

Reasons to prefer the Leica M8:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/2000s) to freeze action.
• More flexible: Takes interchangeable lenses and can thus be used with different optics.
• Longer lasting: Gets more shots (550 versus 370) out of a single battery charge.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale value.
• More heavily discounted: Has been around for much longer (launched in September 2006).

If the number of relative strengths (bullet points above) is taken as a guide, the TZ200 is the clear winner of the match-up (21 : 8 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 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.

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 TZ200 and the M8 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.		Panasonic TZ200	..	+ +	4.5/5	81/100	4.5/5	4.5/5	Feb 2018	799	amazon.com
2.		Leica M8	..	..	..	+ +	..	..	Sep 2006	5,499	ebay.com
3.		Canon G5 X Mark II	4/5	+	4/5	82/100	..	4/5	Jul 2019	899	ebay.com
4.		Canon XTi	..	+ +	..	+ +	o	4/5	Aug 2006	799	ebay.com
5.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
6.		Leica M9	..	..	..	..	4.5/5	..	Sep 2009	7,999	ebay.com
7.		Nikon D80	..	+	..	+ +	o	4.5/5	Aug 2006	999	ebay.com
8.		Panasonic FZ1000 II	..	..	..	83/100	4.5/5	4.5/5	Feb 2019	899	amazon.com
9.		Panasonic TZ95	..	+ +	..	..	4.5/5	..	Feb 2019	449	ebay.com
10.		Panasonic LX100 II	4.5/5	+	4.2/5	82/100	4.5/5	4.5/5	Aug 2018	999	ebay.com
11.		Panasonic GX9	4/5	+	4/5	84/100	4.5/5	4.5/5	Feb 2018	849	ebay.com
12.		Panasonic TZ90	..	+ +	4/5	..	4/5	4/5	Apr 2017	449	ebay.com
13.		Panasonic LX15	..	+ +	4/5	81/100	4/5	4.5/5	Sep 2016	699	amazon.com
14.		Panasonic TZ100	4.5/5	+ +	..	82/100	4.5/5	4.5/5	Jan 2016	699	ebay.com
15.		Panasonic FZ1000	4/5	+ +	..	82/100	4.5/5	4.5/5	Jun 2014	899	ebay.com
16.		Panasonic L10	..	85/100	..	+	3.5/5	4/5	Aug 2007	599	ebay.com
17.		Ricoh GR III	4/5	..	3.5/5	81/100	4/5	..	Feb 2019	899	amazon.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and comparisons of ratings among very different cameras or across long time periods have little meaning. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

Check TZ200 price at
amazon.com
Check M8 offers at
ebay.com

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

~

Check TZ200 price at
amazon.com
Check M8 offers at
ebay.com

Did you notice an error on this page? If so, please get in touch, so that we can correct the information.