Powder bed defects are critical factors affecting the print quality and stability in Laser Powder Bed Fusion (LPBF). However, traditional 2D image-based powder bed defect monitoring methods are limited by sensitivity to lighting conditions and insufficient data capture. This study proposes a real-time defect monitoring system based on 3D point cloud data and deep learning approach. The system uses binocular vision to capture point cloud data in real time, enabling high-precision defect segmentation with advanced deep learning models. However, direct deep learning on point clouds can result in the loss of small defect features during downsampling. To address this, an indirect point cloud deep learning method based on 2D projection is introduced, which improves segmentation accuracy for small defects while reducing inference time. By deploying the trained model, this study establishes a closed-loop control system for powder bed defect detection and conducts real-world printing tests, demonstrating effective defect remediation capabilities. Although larger-scale industrial testing is still required, this research illustrates the significant potential of 3D point cloud-based deep learning in enhancing defect detection and quality control in additive manufacturing.