Apparatuses, systems, and/or methods for an induction heating system are disclosed. In some examples, the induction heating system includes an induction heating power supply and an induction heating tool configured to receive induction heating type power from the induction power supply through a modular transformer. In some examples, the modular transformer comprises a first coupler (e.g., a power receptacle) and a second coupler (e.g., a power insert) configured to couple together to complete the modular transformer, and/or decouple to separate the modular transformer. In some examples, the first coupler is in electrical communication with the induction heating power supply, and the second coupler is in electrical communication with the induction heating tool. When the first and second couplers are coupled together to complete the modular transformer, induction heating power flows through the modular transformer from the induction heating power supply to the induction heating tool.