This article summarizes Panerai's new releases for 2026. The most noteworthy is the Luminor Trentuno Giorni PAM01631, which boasts an ultra-long power reserve of approximately 31 days. In addition, many models focusing on hand-wound watches were announced, sure to bring tears of joy to long-time fans.
Text by Tomoyo Takai
[Article published on January 14, 2026]
Luminor Trentuno Giorni PAM01631
Manual winding (Cal. P.2031/S). 25 jewels. 21,600 vibrations/hour. Power reserve approximately 744 hours. Goldtech™ case (44mm diameter). 10 ATM water resistance. Limited edition of 200 pieces worldwide. Reference price: 16,027,000 yen (including tax).
The Luminor Trentuno Giorni PAM01631 is a model that pushes Panerai's long-standing pursuit of a long power reserve to an astonishing level of approximately 31 days. The newly developed hand-wound caliber P.2031/S is the culmination of seven years of development by the Neuchâtel research and development department, "Laboratorio di Idée," and houses a mainspring totaling 3.3m by arranging four barrels in series. Its structure, which efficiently transmits energy with low torque and high rotation, enables long-term operation while minimizing wear and stress.
Furthermore, it incorporates a patent-pending torque limiter mechanism that deliberately limits the energy, which could last up to 36 days, to 31 days, ensuring stable accuracy throughout the entire operating period. The control that stops the unit after 31 days, even if there is remaining power, is a design that prioritizes the protection of the mechanism and long-term durability.
In terms of design, it retains the iconic elements of the Luminor while boldly revealing its internal mechanism. The see-through dial and movement structure allow for three-dimensional viewing of the mainspring's movement and the intricate gear train. The case uses a proprietary alloy called Goldtech™, which combines gold, copper, and platinum to achieve both a deep reddish hue and superior durability.
Luminor Otto Giorni PAM01733
Manual winding (Cal. P.5000). 21 jewels. 21,600 vibrations/hour. Power reserve approximately 192 hours. Stainless steel case (44mm diameter). 30 ATM water resistance. 1,364,000 yen (tax included).
In 2026, Panerai focused on its flagship Luminor collection, deepening its variations. The first model we'll introduce, the Luminor Otto Giorni PAM01733, is a hand-wound model that carries on Panerai's long-standing lineage of military watches while presenting new appeal through its unique material expression.
What is particularly noteworthy about this model is the burnished finish applied to its exterior. First, the case is coated with black PVD, and then the surface is partially polished by hand to create an uneven tone that transitions from black to gray. Unlike a uniform black finish, the deliberate inclusion of unevenness and variations in shade pursues a realistic look reminiscent of military equipment that has been used for many years.
The design is based on the Luminor of the 1960s, strongly inheriting the cushion-shaped case, lever-lock crown protector, and sandwich dial. The case diameter has been revised from the conventional 47mm to 44mm, achieving a balance between legibility and wearability while maintaining a powerful proportion.
The manufacture caliber P.5000, which can be admired through the sapphire crystal case back, is one of Panerai's core movements and features a long power reserve of approximately 8 days ("8 Giorni" means "8 days" in Italian) thanks to its double barrel, as well as functions such as a stop-seconds function.
Luminor PAM01735
Manual winding (Cal. P.3000). 21 jewels. 21,600 vibrations/hour. Power reserve approximately 72 hours. Stainless steel case (47mm diameter). 10 ATM water resistance. 1,364,000 yen (tax included).
The Luminor PAM01735 is a modern reinterpretation of the codes of the early Luminor models for the Italian Navy. Its design draws inspiration from the 1960s Ref. 6152/1, and its case design is strongly reflected in the model. The silhouette, featuring a cushion-shaped middle case and a flat crown protector, retains the original 47mm size while being slightly slimmer for a more contemporary fit.
The dial replicates the phenomenon of a "tropical dial," where the color changes to a warmer tone over time. The matte ivory sandwich dial features a brown gradient that deepens from the center to the outer edge, creating a natural color change. Beige Super-LumiNova® is applied beneath the upper plate, emphasizing the vintage feel. Furthermore, while the case has a polished finish, the dial adopts the matte texture seen in early models, demonstrating consideration for its original functionality by reducing reflection and ensuring visibility underwater.
The movement is equipped with the in-house caliber P.3000. In addition to a power reserve of approximately 3 days, it features a quick-change time mechanism that allows the hour hand to be adjusted forward or backward in 1-hour increments. By pulling out the crown to the first position, only the hour hand can be adjusted without stopping the minute hand, making it a highly practical design.
"Luminor Forged Titanium" PAM01629
Manual winding (Cal. P.3000). 21 jewels. 21,600 vibrations/hour. Power reserve approximately 72 hours. Titanium case (47mm diameter). 10 ATM water resistance. Limited edition of 100 pieces. 3,520,000 yen (tax included).
The Luminor Forged Titanium PAM01629 is a limited edition model in which Panerai combines advanced materials with traditional design. Of particular note is the use of forged titanium (forged titanium) in the case, a first for Panerai.
Forged titanium is a composite material created by compressing and shaping two types of titanium under high pressure, and is characterized by its unique wavy texture. Because the random patterns inherent in the material itself are visible on the surface, each piece has a unique appearance, with no two being exactly alike. In this model, the middle case, bezel, crown protector, and lever are all made from this material. It boasts high strength and corrosion resistance, is 40% lighter than stainless steel, and is water-resistant to 10 atmospheres.
Panerai has incorporated titanium into its designs from an early stage. Its history dates back to 1985 when it prototyped the Mille Metri, a robust diving watch with a 47mm diameter titanium case and an iconic crown protector. Building on this legacy, Panerai officially introduced titanium into its collections in 1998 and has since explored innovative structures such as titanium DLMS and new coating forms such as titanium DLC.
To accentuate the case's color tone and pattern, the dial features a sunburst anthracite finish that shines radially when light hits it, while the crown has a matte finish. The hands and numerals are coated with beige Super-LumiNova®.
Luminor PAM01731
Manual winding (Cal. P.6000). 19 jewels. 21,600 vibrations/hour. Power reserve approximately 72 hours. Stainless steel case (44mm diameter). 30 ATM water resistance. 1,364,000 yen (tax included).
The Luminor PAM01731 is positioned as a direct homage to the Luminor models of the 1960s (such as Ref. 6152/1). The case, which was originally 47mm in diameter, has been revised to 44mm, and the polished cushion-shaped middle case and satin-finished flat crown protector faithfully reproduce the original silhouette while updating it for modern times.
The dial features a deep brown hue, often referred to as "tobacco color," which is making a comeback after a long absence, strongly evoking a vintage feel. The sandwich structure, with two overlapping plates, ensures legibility while the small seconds subdial at 9 o'clock embodies the brand's classic style. In addition to a dark brown vintage-style calf leather strap, a matching rubber strap is also included, allowing for versatile use depending on the occasion.
It houses the in-house hand-wound caliber P.6000. In addition to having a power reserve of approximately 3 days, it features a stop-seconds function that can be activated by pulling the crown to the second position, allowing for highly accurate time setting by stopping the second hand.
Luminor Destro PAM01732
Manual winding (Cal. P.6000). 19 jewels. 21,600 vibrations/hour. Power reserve approximately 72 hours. Stainless steel case (44mm diameter). 30 ATM water resistance. 1,364,000 yen (tax included).
Like the Luminor PAM01731, the Luminor Destro PAM01732 is positioned as a direct homage to the Luminor design of the 1960s. It retains the Luminor's characteristic elements, such as its robust case, iconic crown protector, luminous Arabic numerals, and unique sandwich dial.
The defining feature of this model is its so-called "Destro" design. The crown and protector are positioned on the left side of the case, assuming it will be worn on the right wrist. This design originates from the history of Italian naval divers wearing instruments on their left wrists. It's a practical design that allows the crown to be operated with the left hand.
The dial is uniformly matte blue, featuring a simple design with only Arabic numerals at 12, 3, 6, and 9 o'clock. The minimalist display, devoid of a small seconds subdial, is a new interpretation of Luminor's visual code. The strap is made of light brown vintage-style calf leather, and a blue rubber strap is also included.
The case features a predominantly polished finish, while the crown protector has a satin finish, creating a contrast in texture. It retains the vintage structure seen in the 1960s Ref. 6152/1, including a cushion-shaped middle case, a flat crown protector, and a relatively simple case back, while achieving 30 ATM water resistance.
