The specified component is a ceramic capacitor, specifically the CAP CER 1UF 35V X5R 0805. This particular component has a capacitance value of 1 microfarad and operates within a voltage range of ±20 with a maximum rating of 35 volts. It adheres to the X5R classification, indicating its dielectric properties, and is housed in an 0805 (2012 Metric) package size.