TypeScript's type system makes it very easy to add types as per our requirements. But most of the time, we may need to perform some transformations on existing types to get resultant type as per our requirements instead of adding a new one. Some common type transformations may include: Extraction of types Exclusion/Inclusion of types Setting types to required/optional Utility Types provided by TypeScript help in performing such type transformations. Utility Types are built-in and globally accessible functions available in TypeScript. Under the hood, they make use of Generics extensively. Some frequently used Utility Types are as follows: