An inverter changes DC power (like isgenerated from a solar panel) to AC to match the same type of power we get from the power company.
A transformer reduces the power from a more powerful ACsource like a transmission lineto a lower AC source like the power to be used to be used in homes.
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fly back inverter is such kind of DC-AC inverters which use the flyback transformer for the low dc-high dc stage of the inveter shortly it's DC to AC inverter with flyback transformer inside .
potential transformer is to maser and protection purpose the ivt is used for synchronicing purpose
A power transformer is used to provide power (to your home, for example), an instrument transformer is used to measure voltage or current (for metering, for example).
Control transformer used only for control supply 110,220, 24,12V AC. But Potential transformer used voltage measurement purpose.
i think Transformer operates AC and ferrite core operates in DC