Yes unfortunately, Content View is the only view which shows 32 x 32 sized icons but it shows the text labels on the right.
The current sizes (as of Vista and later) are:
Extra Large Icons – 256 x 256 pixels
Large Icons – 96 x 96 pixels (Automatically rendered by Explorer from 256 version)
Medium Icons – 48 x 48 pixels
Tiles – 48 x 48 pixels
Content – 32 x 32 pixels
Small Icons – 16 x 16 pixels
List – 16 x 16 pixels
Details – 16 x 16 pixels
There is no direct way to switch to 32 x 32 icon size and show the labels below but you can switch to Medium icons view using the Toolbar button or Ctrl+Shift+3 and then use this AutoHotkey script (
download/file.php?id=1443) to reduce the size quickly. Run it and then can use the Ctrl+ '+/-' keys to zoom in/zoom out icon sizes in Explorer when the focus is on the file pane. That is the best option available right now since directly switching to 32 x 32 icon size with text labels showing below the icons is not possible.