I suppose the answer to the initial question "Why haven't transformers got smaller?" the TS is making a comparison with power semiconductors. Since the 1950s we've gone from germanium, to silicon, then thyrsistors, MOSFETs, IGBTs, Silicon Carbide and Gallium Nitride each increasing the amount of power that can be switched in a given volume, but in terms of magnetics materials, the best we've got in terms of flux density hasn't improved in 125 years. For reasons given by @WBahn mains transmission frequencies have also remained the same, so those two factors means that line-frequency transformers haven't got any smaller (apart from some small gains in the temperatures insulation will withstand). These limitation have been circumvented by using the advanced semiconductors to run the transformers at higher frequency as @Danko and @ronsimpson pointed out earlier.


