How to compare the JSON format array VALUE and KEY to create a new array? in Angular 5

Grab the fields from each object in your columnNames array using .map(). Then, map each object in rowData to a new object created using .reduce(), which only includes the keys from your fields array:

const columnNames = [
  {field : "Name"},
  {field : "Address"},
  {field : "Age"}
];

const rowData = [
  {Name : "Praveen",Address : "aiff",Age : "12",w :  "1",e :  "8"},
  {Name : "Akashay",Address : "xvn",Age : "15",w :  "2",e :  "7"},
  {Name : "Bala",Address : "hjk",Age : "16",w :  "3",e :  "6"}, 
  {Name : "Charu",Address : "sss",Age : "17",w :  "4",e :  "5"},
];  

const fields = columnNames.map(({field}) => field); // get array ["Name", "Address", "Age"]
const result = rowData.map( // map each object in rowData to a new object
  o => fields.reduce((obj, k) => ({...obj, [k]: o[k]}), {})
  //    ^^ construct the new object, using reduce, spread syntax and computed property names
);

console.log(result);
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If you can support Object.fromEntries() (which takes an array of nested [key, value] pairs and builds an object from them), then there is no need to use .reduce():

const columnNames = [
  {field : "Name"},
  {field : "Address"},
  {field : "Age"}
];

const rowData = [
  {Name : "Praveen",Address : "aiff",Age : "12",w :  "1",e :  "8"},
  {Name : "Akashay",Address : "xvn",Age : "15",w :  "2",e :  "7"},
  {Name : "Bala",Address : "hjk",Age : "16",w :  "3",e :  "6"}, 
  {Name : "Charu",Address : "sss",Age : "17",w :  "4",e :  "5"},
];  

const fields = columnNames.map(({field}) => field);
const result = rowData.map( 
  o => Object.fromEntries(fields.map(k => [k, o[k]]))
);

console.log(result);
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You can filter your object properties based on columnNames array and then just create an object using Object.fromEntries:

const result = rowData.map(s => Object.fromEntries(
    Object.entries(s).filter(([k, v]) => columnNames.some(cl => cl.field == k))));

An example:

let columnNames = [
  {field : "Name"},
  {field : "Address"},
  {field : "Age"}
];

let rowData = [
  {Name : "Praveen",Address : "aiff",Age : "12",w :  "1",e :  "8"},
  {Name : "Akashay",Address : "xvn",Age : "15",w :  "2",e :  "7"},
  {Name : "Bala",Address : "hjk",Age : "16",w :  "3",e :  "6"},
  {Name : "Charu",Address : "sss",Age : "17",w :  "4",e :  "5"},
];

const result = rowData.map(s => Object.fromEntries(
    Object.entries(s).filter(([k, v]) => columnNames.some(cl => cl.field == k))));
console.log(result);

Or more debuggable version:

const result = rowData.map(s => {
  let allProperties = Object.entries(s);
  let filteredProperties = allProperties.filter(([k, v]) => 
      columnNames.some(cl => cl.field == k));
  let result = Object.fromEntries(filteredProperties);
  return result;
})

An example:

let columnNames = [
  {field : "Name"},
  {field : "Address"},
  {field : "Age"}
];

let rowData = [
  {Name : "Praveen",Address : "aiff",Age : "12",w :  "1",e :  "8"},
  {Name : "Akashay",Address : "xvn",Age : "15",w :  "2",e :  "7"},
  {Name : "Bala",Address : "hjk",Age : "16",w :  "3",e :  "6"},
  {Name : "Charu",Address : "sss",Age : "17",w :  "4",e :  "5"},
];

const result = rowData.map(s => {
  let allProperties = Object.entries(s);
  let filteredProperties = allProperties.filter(([k, v]) => 
      columnNames.some(cl => cl.field == k));
  let result = Object.fromEntries(filteredProperties);
  return result;
})

Object.fromEntries is the method which transforms a list of key-value pairs into an object.

The following row means that we filter() allProperies array based on columnNames array.

some() method returns true if some property of columnNames exists in allProperties:

let filteredProperties = allProperties.filter(([k, v]) => 
     columnNames.some(cl => cl.field == k)); 

Store all the field names in a variable keys using .map . Then loop through the original array and create a object having the properties present in keys

Try like this:

let keys = this.columnNames.map(x => x.field);

this.rowData.forEach(item => {
  let obj = {}
  keys.forEach(key => {
    obj[key] = item[key]
  });
  this.result.push(obj)
});

Working Demo