Set-VolumeLabels.ps1

function Test-IsAdminElevated {
    if (([Security.Principal.WindowsPrincipal] [Security.Principal.WindowsIdentity]::
            GetCurrent()).IsInRole([Security.Principal.WindowsBuiltInRole] "Administrator")) {
            return $true
        } else {
            return $false
        }
}
function Start-AdminElevatedTerminal {

    Write-Warning "Attempting to relaunch the script with elevated privileges..."

    $scriptPath =  $script:MyInvocation.MyCommand.Path
    $arguments = "new-tab -p `"PowerShell`" powershell -ExecutionPolicy Bypass -NoProfile -File `"$scriptPath`""

    if ($PSBoundParameters) {
        $arguments += " $(@($script:MyInvocation.BoundParameters.GetEnumerator() | ForEach-Object {
            if ($_.Value -is [switch]){
                "-$($_.Key)"
            } elseif ($null -ne $_.Value) {
                '-{0} `"{1}`"' -f $_.Key, $_.Value
            }
        }))"
    }

    Start-Process wt -ArgumentList $arguments -Verb RunAs
    exit
}

if (!(Test-IsAdminElevated)) {
    Start-AdminElevatedTerminal
}

# Get all physical disks and their models.
$physicalDisks = Get-WmiObject Win32_DiskDrive | Select-Object DeviceID, Model

# Get all volumes.
$volumes = Get-Volume | Where-Object { $null -ne $_.DriveLetter }

foreach ($volume in $volumes) {

    # Get the associated partition
    $partition = Get-WmiObject -Query "ASSOCIATORS OF {Win32_LogicalDisk.DeviceID='$($volume.DriveLetter):'} WHERE AssocClass=Win32_LogicalDiskToPartition"

    if ($partition) {

        # Get the physical disk associated with the partition
        $disk = Get-WmiObject -Query "ASSOCIATORS OF {Win32_DiskPartition.DeviceID='$($partition.DeviceID)'} WHERE AssocClass=Win32_DiskDriveToDiskPartition"

        if ($disk) {

            # Find the corresponding physical disk model
            $model = $physicalDisks | Where-Object { $_.DeviceID -eq $disk.DeviceID } | Select-Object -ExpandProperty Model

            if ($model) {

                # Skip FAT formatted drives. 11 chars is often much too short.
                if ($volume.FileSystem -in @("FAT32", "FAT16")) { continue }

                # Max chars for most volumes including NTFS.
                $maxChars = 32

                # Trim the model name if it's too long
                $model = $model.Substring(0, [Math]::Min($maxChars, $model.Length))

                Write-Output "Drive Letter: $($volume.DriveLetter), Model: $model"

                if ($volume.FileSystemLabel -ne $model) {

                    # Debug Output for Model and Drive Letter
                    Write-Output "Attempting to set volume label for Drive Letter: $($volume.DriveLetter), `"$model`""

                    try {
                        # Set the volume label to the model name
                        Set-Volume -DriveLetter $volume.DriveLetter -NewFileSystemLabel $model -ErrorAction Stop
                        Write-Output "Success."
                    } catch {
                        Write-Error "Failed to set volume label for Drive Letter: $($volume.DriveLetter), Model: $model. Error: $_"
                    }
                } else {
                    Write-Output "No action necessary."
                }
            }
        }
    }
}