Hmm, of course many will vote for the genuine switch (and that's of course the best option apart from a full blown oil pressure gauge) but I don't know really I think it's at least discussible, the thread size of that switch is afaik called 1/8 NPT.
Switch off happens at a pretty low pressure between 2.8 - 5.6 psi (0.2-0.4 bar), most car's oil switches work in a similar range.
Regarding that oil pressure should easily reach like 80+ psi (measured at the oil pump) I'd take it one could even use a switch with a slightly differing operating range.