Panasonic TZ200 vs Olympus E-M10 III

The Panasonic Lumix DC-TZ200 (called Panasonic ZS200 in some regions) and the Olympus OM-D E-M10 Mark III are two digital cameras that were announced, respectively, in February 2018 and August 2017. The TZ200 is a fixed lens compact, while the E-M10 III is a mirrorless interchangeable lens camera. The cameras are based on an one-inch (TZ200) and a Four Thirds (E-M10 III) sensor. The Panasonic has a resolution of 20 megapixels, whereas the Olympus provides 15.9 MP.

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

Headline Specifications

Panasonic TZ200		Olympus E-M10 III
Fixed lens compact camera		Mirrorless system camera
24-360mm f/3.3-6.4		Micro Four Thirds lenses
20 MP – 1" sensor		15.9 MP – Four Thirds sensor
4K/30p Video		4K/30p Video
ISO 125-12,800 (80 - 25,600)		ISO 200-25,600
Electronic viewfinder (2330k dots)		Electronic viewfinder (2360k dots)
3.0" LCD – 1240k dots		3.0" LCD – 1040k dots
Fixed touchscreen		Tilting touchscreen
10 shutter flaps per second		8.6 shutter flaps per second
In-body stabilization		In-body stabilization
370 shots per battery charge		330 shots per battery charge
111 x 65 x 45 mm, 340 g		122 x 84 x 50 mm, 410 g

Check TZ200 price at
amazon.com
Check E-M10 III 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 Olympus OM-D E-M10 Mark III? 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 Panasonic TZ200 and the Olympus E-M10 III is provided 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 width, height and depth measures 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 Olympus E-M10 III is notably larger (42 percent) than the Panasonic TZ200. In this context, it is worth noting that neither the TZ200 nor the E-M10 III 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 E-M10 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-M10 III and their specifications in the Micro Four Thirds Lens Catalog.

Concerning battery life, the TZ200 gets 370 shots out of its Panasonic DMW-BLG10 battery, while the E-M10 III can take 330 images on a single charge of its Olympus BLS-50 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 would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras 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.		Olympus E-M10 III	122 mm	84 mm	50 mm	410 g	330	n	Aug 2017	649	ebay.com
3.		Canon G5 X Mark II	111 mm	61 mm	46 mm	340 g	230	n	Jul 2019	899	ebay.com
4.		Olympus E-M10 IV	122 mm	84 mm	49 mm	383 g	360	n	Aug 2020	699	amazon.com
5.		Olympus E-PL10	117 mm	68 mm	39 mm	380 g	350	n	Oct 2019	599	ebay.com
6.		Olympus E-PL9	117 mm	68 mm	39 mm	380 g	350	n	Feb 2018	599	ebay.com
7.		Olympus E-PL8	115 mm	67 mm	38 mm	357 g	350	n	Sep 2016	549	ebay.com
8.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
9.		Panasonic FZ1000 II	136 mm	97 mm	131 mm	810 g	350	n	Feb 2019	899	amazon.com
10.		Panasonic TZ95	112 mm	69 mm	42 mm	327 g	380	n	Feb 2019	449	ebay.com
11.		Panasonic LX100 II	115 mm	66 mm	65 mm	392 g	300	n	Aug 2018	999	ebay.com
12.		Panasonic GX9	124 mm	72 mm	47 mm	407 g	260	n	Feb 2018	849	ebay.com
13.		Panasonic TZ90	112 mm	67 mm	41 mm	322 g	380	n	Apr 2017	449	ebay.com
14.		Panasonic LX15	106 mm	60 mm	42 mm	310 g	260	n	Sep 2016	699	amazon.com
15.		Panasonic TZ100	111 mm	65 mm	44 mm	312 g	300	n	Jan 2016	699	ebay.com
16.		Panasonic FZ1000	137 mm	99 mm	131 mm	831 g	360	n	Jun 2014	899	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 obviously take relative prices into account. The listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. 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 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 Panasonic TZ200 features an one-inch sensor and the Olympus E-M10 III a Four Thirds sensor. The sensor area in the E-M10 III 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 TZ200 has a native 3:2 aspect ratio, while the one in the E-M10 III offers a 4:3 aspect.

Despite having a smaller sensor, the Panasonic TZ200 offers a higher resolution of 20 megapixels, compared with 15.9 MP of the Olympus E-M10 III. 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 3.76μm for the E-M10 III). However, it should be noted that the TZ200 is a somewhat more recent model (by 5 months) than the E-M10 III, and its sensor might have benefitted from technological advances during this time that partly offset its pixel-size disadvantage. Coming back to sensor resolution, it should be mentioned that the E-M10 III 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 Olympus E-M10 III are 23 x 17.3 inches or 58.5 x 43.9 cm for good quality, 18.4 x 13.8 inches or 46.8 x 35.1 cm for very good quality, and 15.4 x 11.5 inches or 39 x 29.3 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 Olympus OM-D E-M10 Mark III 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.

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 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.		Panasonic TZ200	1-inch	20.0	5472	3648	4K/30p	22.0	12.2	449	64
2.		Olympus E-M10 III	Four Thirds	15.9	4608	3456	4K/30p	23.1	12.8	1120	74
3.		Canon G5 X Mark II	1-inch	20.0	5472	3648	4K/30p	22.2	12.4	583	65
4.		Olympus E-M10 IV	Four Thirds	20.2	5184	3888	4K/30p	23.3	13.2	1402	76
5.		Olympus E-PL10	Four Thirds	15.9	4608	3456	4K/30p	23.3	13.1	1324	76
6.		Olympus E-PL9	Four Thirds	15.9	4608	3456	4K/30p	23.1	12.8	1162	74
7.		Olympus E-PL8	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.6	1030	73
8.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
9.		Panasonic FZ1000 II	1-inch	20.0	5472	3648	4K/30p	22.1	12.4	546	65
10.		Panasonic TZ95	1/2.3	20.2	5184	3888	4K/30p	20.7	12.2	1103	52
11.		Panasonic LX100 II	Four Thirds	16.8	4736	3552	4K/30p	22.8	12.7	979	72
12.		Panasonic GX9	Four Thirds	20.2	5184	3888	4K/30p	23.1	12.8	1163	74
13.		Panasonic TZ90	1/2.3	20.2	5184	3888	4K/30p	19.1	10.6	106	36
14.		Panasonic LX15	1-inch	20.0	5472	3648	4K/30p	21.9	12.0	315	62
15.		Panasonic TZ100	1-inch	20.0	5472	3648	4K/30p	22.8	12.5	559	70
16.		Panasonic FZ1000	1-inch	20.0	5472	3648	4K/30p	22.1	11.7	517	64
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 cannot only take still pictures, but also record videos. 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

Beyond body and sensor, cameras can and do differ across a range of features. The two cameras under review are similar with respect to both having an electronic viewfinder. However, the one in the E-M10 III offers a slightly higher resolution than the one in the TZ200 (2360k vs 2330k dots). The table below summarizes some of the other core capabilities of the Panasonic TZ200 and Olympus E-M10 III 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.		Olympus E-M10 III	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.6/s	Y	Y
3.		Canon G5 X Mark II	2360	n	3.0 / 1040	tilting	Y	1/2000s	30/s	Y	Y
4.		Olympus E-M10 IV	2360	n	3.0 / 1040	tilting	Y	1/4000s	15.0/s	Y	Y
5.		Olympus E-PL10	none	n	3.0 / 1040	tilting	Y	1/4000s	8.6/s	Y	Y
6.		Olympus E-PL9	none	n	3.0 / 1040	tilting	Y	1/4000s	8.6/s	Y	Y
7.		Olympus E-PL8	optional	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	n	Y
8.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
9.		Panasonic FZ1000 II	2360	n	3.0 / 1240	swivel	Y	1/4000s	12.0/s	Y	Y
10.		Panasonic TZ95	2330	n	3.0 / 1040	tilting	Y	1/2000s	10.0/s	Y	Y
11.		Panasonic LX100 II	2764	n	3.0 / 1240	fixed	Y	1/4000s	11.0/s	n	Y
12.		Panasonic GX9	2760	n	3.0 / 1240	tilting	Y	1/4000s	9.0/s	Y	Y
13.		Panasonic TZ90	1166	n	3.0 / 1040	tilting	Y	1/2000s	10.0/s	Y	Y
14.		Panasonic LX15	none	n	3.0 / 1040	tilting	Y	1/4000s	10.0/s	Y	Y
15.		Panasonic TZ100	1166	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	Y	Y
16.		Panasonic FZ1000	2359	n	3.0 / 921	swivel	n	1/4000s	12.0/s	Y	Y
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.

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 Panasonic TZ200 and the Olympus E-M10 III 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 TZ200 and the E-M10 III write their files to SDXC cards. The E-M10 III supports UHS-II cards (Ultra High Speed data transfer of up to 312 MB/s), while the TZ200 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 Panasonic Lumix DC-TZ200 and Olympus OM-D E-M10 Mark III 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.		Olympus E-M10 III	Y	stereo / mono	-	-	micro	2.0	Y	-	-
3.		Canon G5 X Mark II	-	stereo / mono	-	-	micro	3.1	Y	-	Y
4.		Olympus E-M10 IV	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
5.		Olympus E-PL10	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
6.		Olympus E-PL9	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
7.		Olympus E-PL8	Y	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
9.		Panasonic FZ1000 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
10.		Panasonic TZ95	-	stereo / mono	-	-	micro	2.0	Y	-	Y
11.		Panasonic LX100 II	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
12.		Panasonic GX9	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
13.		Panasonic TZ90	-	stereo / mono	-	-	micro	2.0	Y	-	-
14.		Panasonic LX15	-	stereo / mono	-	-	micro	2.0	Y	-	-
15.		Panasonic TZ100	-	stereo / mono	-	-	micro	2.0	Y	-	-
16.		Panasonic FZ1000	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
17.		Ricoh GR III	Y	stereo / mono	-	-	-	3.0	Y	-	Y

It is notable that the E-M10 III has a hotshoe, which makes it possible to easily attach optional accessories, such as an external flash gun. The TZ200 does not feature such an accessory-socket.

The TZ200 is a recent model that features in the current product line-up of Panasonic. In contrast, the E-M10 III has been discontinued (but can be found pre-owned on ebay). As a replacement in the same line of cameras, the E-M10 III was succeeded by the Olympus E-M10 IV. Further information on the features and operation of the TZ200 and E-M10 III can be found, respectively, in the Panasonic TZ200 Manual (free pdf) or the online Olympus E-M10 III Manual.

Review summary

So what conclusions can be drawn? Is the Panasonic TZ200 better than the Olympus E-M10 III or vice versa? 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 15.9MP) with a 14% higher linear resolution.
• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• More detailed LCD: Has a higher resolution rear screen (1240k vs 1040k dots).
• Faster burst: Shoots at higher frequency (10 vs 8.6 flaps/sec) to capture the decisive moment.
• Ready to shoot: Has a lens built-in, whereas the E-M10 III requires a separate lens.
• More compact: Is smaller (111x65mm vs 122x84mm) and thus needs less room in the bag.
• Less heavy: Is lighter even though it comes with a built-in lens (unlike the E-M10 III).
• Longer lasting: Can take more shots (370 versus 330) on a single battery charge.
• Easier travel charging: Can be conveniently charged via its USB port.
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• More modern: Is somewhat more recent (announced 5 months after the E-M10 III).

Reasons to prefer the Olympus OM-D E-M10 Mark III:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• 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 viewfinder image: Features a viewfinder with a higher magnification (0.62x vs 0.53x).
• More flexible LCD: Has a tilting screen for odd-angle shots in landscape orientation.
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
• More flexible: Takes interchangeable lenses and can thus be used with specialty optics.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• Faster buffer clearing: Supports a more advanced SD data transfer standard (UHS-II vs UHS-I).
• More heavily discounted: Has been on the market for longer (launched in August 2017).

If the count of relative strengths (bullet points above) is taken as a measure, the E-M10 III comes out slightly ahead of the TZ200 (12 : 11 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 Panasonic TZ200 and the Olympus E-M10 III place the cameras among the top in their class? Find out in the latest Best Superzoom Camera and Best Mirrorless Interchangeable Lens 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 remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the TZ200 or the E-M10 III. At times, user reviews, such as those published at amazon, address these issues in a useful manner, but such feedback is on many occasions incomplete, inconsistent, and unreliable.

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.		Olympus E-M10 III	..	+	5/5	80/100	4.5/5	4.5/5	Aug 2017	649	ebay.com
3.		Canon G5 X Mark II	4/5	+	4/5	82/100	..	4/5	Jul 2019	899	ebay.com
4.		Olympus E-M10 IV	4.5/5	..	5/5	81/100	4.5/5	4.5/5	Aug 2020	699	amazon.com
5.		Olympus E-PL10	..	..	4/5	77/100	..	4/5	Oct 2019	599	ebay.com
6.		Olympus E-PL9	..	+	..	..	4.5/5	4/5	Feb 2018	599	ebay.com
7.		Olympus E-PL8	..	..	..	..	4.5/5	4/5	Sep 2016	549	ebay.com
8.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
9.		Panasonic FZ1000 II	..	..	..	83/100	4.5/5	4.5/5	Feb 2019	899	amazon.com
10.		Panasonic TZ95	..	+ +	..	..	4.5/5	..	Feb 2019	449	ebay.com
11.		Panasonic LX100 II	4.5/5	+	4.2/5	82/100	4.5/5	4.5/5	Aug 2018	999	ebay.com
12.		Panasonic GX9	4/5	+	4/5	84/100	4.5/5	4.5/5	Feb 2018	849	ebay.com
13.		Panasonic TZ90	..	+ +	4/5	..	4/5	4/5	Apr 2017	449	ebay.com
14.		Panasonic LX15	..	+ +	4/5	81/100	4/5	4.5/5	Sep 2016	699	amazon.com
15.		Panasonic TZ100	4.5/5	+ +	..	82/100	4.5/5	4.5/5	Jan 2016	699	ebay.com
16.		Panasonic FZ1000	4/5	+ +	..	82/100	4.5/5	4.5/5	Jun 2014	899	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.

The above review scores should be interpreted 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 comparing ratings of very distinct cameras or ones that are far apart in terms of their release date have little meaning. Also, please note that some of the review sites have changed their methodology and reporting over time.

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Other camera comparisons

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