LONDON, Oct. 22, 2014 /PRNewswire/ — Global Short Wave IR market was valued at $35.3 million in 2013, growing at the rate of 8.1% annually, and is projected to reach $52.2 million by the end of 2018. Short Wave IR constitute 11.0% of Global IR Detector/Sensor Module market. This market is segmented on basis of application and geography.