Leica M Typ 262 vs Ricoh GR III

The Leica M (Typ 262) and the Ricoh GR III are two digital cameras that were announced, respectively, in November 2015 and February 2019. The M Typ 262 is a rangefinder-focusing mirrorless camera, while the GR III is a fixed lens compact. The cameras are based on a full frame (M Typ 262) and an APS-C (GR III) sensor. The Leica has a resolution of 23.7 megapixels, whereas the Ricoh provides 24 MP.

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

Headline Specifications

Leica M Typ 262		Ricoh GR III
Rangefinder camera		Fixed lens compact camera
Leica M mount lenses		28mm f/2.8
23.7 MP – Full Frame sensor		24 MP – APS-C sensor
no Video		1080/60p Video
ISO 200-6,400		ISO 100-102,400
Optical viewfinder		Viewfinder optional
3.0" LCD – 921k dots		3.0" LCD – 1037k dots
Fixed screen (not touch-sensitive)		Fixed touchscreen
3 shutter flaps per second		4 shutter flaps per second
no shake reduction		In-body stabilization
Weathersealed body		not weather sealed
400 shots per battery charge		200 shots per battery charge
139 x 80 x 42 mm, 680 g		109 x 62 x 33 mm, 257 g

Check M Typ 262 offers at
ebay.com
Check GR III price at
amazon.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M (Typ 262) and the Ricoh GR 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

The side-by-side display below illustrates the physical size and weight of the Leica M Typ 262 and the Ricoh GR III. 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 dimensions are rounded to the nearest millimeter.

The M Typ 262 can be obtained in two different colors (black, silver), while the GR III 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 Ricoh GR III is considerably smaller (39 percent) than the Leica M Typ 262. It is worth mentioning in this context that the M Typ 262 is splash and dust resistant, while the GR III does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the GR III has a lens built in, whereas the M Typ 262 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 M Typ 262 and their specifications in the Leica M Lens Catalog.

Concerning battery life, the M Typ 262 gets 400 shots out of its Leica BP-SCL2 battery, while the GR III can take 200 images on a single charge of its Ricoh DB-110 power pack. The power pack in the GR III can be charged via the USB port, which can be very convenient 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	Street Price
1.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	US$ 5 195	ebay.com
2.		Ricoh GR III	109 mm	62 mm	33 mm	257 g	200	n	Feb 2019	US$ 899	amazon.com
3.		Canon 1D X Mark II	158 mm	168 mm	83 mm	1530 g	1210	Y	Feb 2016	US$ 5 999	ebay.com
4.		Canon 80D	139 mm	105 mm	79 mm	730 g	960	Y	Feb 2016	US$ 1 199	ebay.com
5.		Canon G3 X	123 mm	77 mm	105 mm	733 g	300	Y	Jun 2015	US$ 999	ebay.com
6.		Canon G7 X Mark III	105 mm	61 mm	41 mm	304 g	235	n	Jul 2019	US$ 749	amazon.com
7.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	US$ 6 949	ebay.com
8.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	US$ 3 999	ebay.com
9.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	US$ 6 599	ebay.com
10.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	US$ 7 999	ebay.com
11.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	US$ 4 249	ebay.com
12.		Leica SL	147 mm	104 mm	39 mm	847 g	400	Y	Oct 2015	US$ 7 449	ebay.com
13.		Nikon D7200	136 mm	107 mm	76 mm	765 g	1110	Y	Mar 2015	US$ 1 199	ebay.com
14.		Panasonic TZ200	111 mm	65 mm	45 mm	340 g	370	n	Feb 2018	US$ 799	amazon.com
15.		Ricoh GR II	117 mm	63 mm	35 mm	251 g	320	n	Jun 2015	US$ 699	ebay.com
16.		Ricoh GR IIIx	109 mm	62 mm	35 mm	262 g	200	n	Sep 2021	US$ 999	amazon.com
17.		Sony ZV-1	105 mm	60 mm	44 mm	294 g	260	n	May 2020	US$ 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

The price is, of course, an important factor in any camera decision. The retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. The GR III was launched at a lower price than the M Typ 262, 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. 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. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the 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 Leica M Typ 262 features a full frame sensor and the Ricoh GR III an APS-C sensor. The sensor area in the GR III is 57 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 1.5. Both cameras have a native aspect ratio (sensor width to sensor height) of 3:2.

Despite having a smaller sensor, the GR III offers a slightly higher resolution of 24 megapixels, compared with 23.7 MP of the M Typ 262. 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 3.91μm versus 6.01μm for the M Typ 262). However, it should be noted that the GR III is much more recent (by 3 years and 3 months) than the M Typ 262, 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 neither of the two cameras has an anti-alias filter installed, so they are able to capture all the detail the sensor resolves.

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

The Leica M (Typ 262) has a native sensitivity range from ISO 200 to ISO 6400, which can be extended to ISO 100-6400. The corresponding ISO settings for the Ricoh GR III are ISO 100 to ISO 102400 (no boost).

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.

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 M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
2.		Ricoh GR III	APS-C	24.0	6000	4000	1080/60p	24.1	13.5	1897	83
3.		Canon 1D X Mark II	Full Frame	20.0	5472	3648	4K/60p	24.1	13.5	3207	88
4.		Canon 80D	APS-C	24.0	6000	4000	1080/60p	23.6	13.2	1135	79
5.		Canon G3 X	1-inch	20.0	5472	3648	1080/60p	21.4	12.3	521	63
6.		Canon G7 X Mark III	1-inch	20.0	5472	3648	4K/30p	22.2	12.4	583	65
7.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
8.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
9.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
10.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
11.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
12.		Leica SL	Full Frame	24.0	6000	4000	4K/30p	25.0	13.4	1821	88
13.		Nikon D7200	APS-C	24.0	6000	4000	1080/60p	24.5	14.6	1333	87
14.		Panasonic TZ200	1-inch	20.0	5472	3648	4K/30p	22.0	12.2	449	64
15.		Ricoh GR II	APS-C	16.1	4928	3264	1080/30p	23.6	13.7	1078	80
16.		Ricoh GR IIIx	APS-C	24.0	6000	4000	1080/60p	24.2	13.8	2146	85
17.		Sony ZV-1	1-inch	20.0	5472	3648	4K/30p	22.2	12.6	669	66
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. The GR III indeed provides for movie recording, while the M Typ 262 does not. The highest resolution format that the GR III can use is 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. For example, the M Typ 262 has an optical viewfinder, which can be very useful when shooting in bright sunlight. In contrast, the GR III relies on live view and the rear LCD for framing. That said, the GR III can be equipped with an optional viewfinder – the GV-1. The following table reports on some other key feature differences and similarities of the Leica M Typ 262, the Ricoh GR III, and comparable 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 M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
2.		Ricoh GR III	optional	n	3.0 / 1037	fixed	Y	1/4000s	4.0/s	n	Y
3.		Canon 1D X Mark II	optical	Y	3.2 / 1620	fixed	Y	1/8000s	16.0/s	n	n
4.		Canon 80D	optical	Y	3.0 / 1040	swivel	Y	1/8000s	7.0/s	Y	n
5.		Canon G3 X	optional	n	3.2 / 1620	tilting	Y	1/2000s	5.9/s	Y	Y
6.		Canon G7 X Mark III	none	n	3.0 / 1040	tilting	Y	1/2000s	30/s	Y	Y
7.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
8.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
9.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
10.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
11.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
12.		Leica SL	4400	Y	3.0 / 1040	fixed	Y	1/8000s	11.0/s	n	n
13.		Nikon D7200	optical	Y	3.2 / 1229	fixed	n	1/8000s	6.0/s	Y	n
14.		Panasonic TZ200	2330	n	3.0 / 1240	fixed	Y	1/2000s	10.0/s	Y	Y
15.		Ricoh GR II	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
16.		Ricoh GR IIIx	optional	n	3.0 / 1037	fixed	Y	1/4000s	4.0/s	n	Y
17.		Sony ZV-1	none	n	3.0 / 922	swivel	Y	1/2000s	24.0/s	n	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The GR III has a touchscreen, while the M Typ 262 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

The Ricoh GR 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 M Typ 262 and the GR III 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 Leica M (Typ 262) and Ricoh GR 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.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
2.		Ricoh GR III	Y	stereo / mono	-	-	-	3.0	Y	-	Y
3.		Canon 1D X Mark II	Y	mono / mono	Y	Y	mini	3.0	-	-	-
4.		Canon 80D	Y	stereo / mono	Y	Y	mini	2.0	Y	Y	-
5.		Canon G3 X	Y	stereo / mono	Y	Y	mini	2.0	Y	Y	-
6.		Canon G7 X Mark III	-	stereo / mono	Y	-	micro	3.1	Y	-	Y
7.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
8.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
9.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
10.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
11.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
12.		Leica SL	Y	stereo / mono	Y	Y	full	3.0	Y	-	-
13.		Nikon D7200	Y	stereo / mono	Y	Y	mini	2.0	Y	Y	-
14.		Panasonic TZ200	-	stereo / mono	-	-	micro	2.0	Y	-	Y
15.		Ricoh GR II	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
16.		Ricoh GR IIIx	Y	stereo / mono	-	-	-	3.0	Y	-	Y
17.		Sony ZV-1	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y

It is notable that the GR III offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the M Typ 262 does not provide wifi capability.

The GR III is a recent model that features in the current product line-up of Ricoh. In contrast, the M Typ 262 has been discontinued (but can be found pre-owned on ebay). As a replacement in the same line of cameras, the M Typ 262 was succeeded by the Leica M10. Further information on the features and operation of the M Typ 262 and GR III can be found, respectively, in the Leica M Typ 262 Manual (free pdf) or the online Ricoh GR III Manual.

Review summary

So what is the bottom line? Is the Leica M Typ 262 better than the Ricoh GR III or vice versa? Below is a summary of the relative strengths of each of the two contestants.

Arguments in favor of the Leica M (Typ 262):

• 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.
• Easier framing: Has an optical viewfinder for image composition and settings control.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Longer lasting: Can take more shots (400 versus 200) on a single battery charge.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More heavily discounted: Has been available for much longer (launched in November 2015).

Reasons to prefer the Ricoh GR III:

• Broader imaging potential: Can capture not only stills but also 1080/60p video.
• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• More detailed LCD: Has a higher resolution rear screen (1037k vs 921k dots).
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Faster burst: Shoots at higher frequency (4 vs 3 flaps/sec) to capture the decisive moment.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Has an integrated lens, whereas the M Typ 262 necessitates an extra lens.
• More compact: Is smaller (109x62mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the M Typ 262).
• Easier travel charging: Can be conveniently charged via its USB port.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Faster data transfer: Supports a more advanced USB protocol (3.0 vs 2.0).
• 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.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More modern: Reflects 3 years and 3 months of technical progress since the M Typ 262 launch.

If the number of relative strengths (bullet points above) is taken as a guide, the GR III is the clear winner of the contest (16 : 10 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 wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains incomplete and does no justice, for example, to the way the M Typ 262 or the GR III perform in practice. 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	Street Price
1.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	US$ 5 195	ebay.com
2.		Ricoh GR III	4/5	..	3.5/5	81/100	4/5	..	Feb 2019	US$ 899	amazon.com
3.		Canon 1D X Mark II	..	..	4.5/5	89/100	4.5/5	4.5/5	Feb 2016	US$ 5 999	ebay.com
4.		Canon 80D	4/5	+ +	4.5/5	84/100	4.5/5	4.5/5	Feb 2016	US$ 1 199	ebay.com
5.		Canon G3 X	3.5/5	+	..	..	4.5/5	4/5	Jun 2015	US$ 999	ebay.com
6.		Canon G7 X Mark III	..	+ +	4/5	81/100	4/5	..	Jul 2019	US$ 749	amazon.com
7.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	US$ 6 949	ebay.com
8.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	US$ 3 999	ebay.com
9.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	US$ 6 599	ebay.com
10.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	US$ 7 999	ebay.com
11.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	US$ 4 249	ebay.com
12.		Leica SL	4/5	..	4/5	84/100	4.5/5	4/5	Oct 2015	US$ 7 449	ebay.com
13.		Nikon D7200	4/5	+ +	..	84/100	4.5/5	4.5/5	Mar 2015	US$ 1 199	ebay.com
14.		Panasonic TZ200	..	+ +	4.5/5	81/100	4.5/5	4.5/5	Feb 2018	US$ 799	amazon.com
15.		Ricoh GR II	..	..	..	..	4.5/5	4.5/5	Jun 2015	US$ 699	ebay.com
16.		Ricoh GR IIIx	..	..	4.5/5	..	..	..	Sep 2021	US$ 999	amazon.com
17.		Sony ZV-1	4/5	+	4/5	85/100	4/5	4.5/5	May 2020	US$ 799	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings are only valid when referring to cameras in the same category and of the same age. Hence, a score should always be seen in the context of the camera's market launch date and its price, 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.

Check M Typ 262 offers at
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Check GR III price at
amazon.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 make a corresponding selection in the search boxes 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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