In recent years, 3D point clouds (PCs) have gained significant attention due to their diverse applications across various fields such as computer vision (CV), condition monitoring, virtual reality, robotics, autonomous driving etc. Deep learning (DL) has proven effective in leveraging 3D PCs to address various challenges previously encountered in 2D vision. However, the application of deep neural networks (DNN) to process 3D PCs presents its own set of challenges. To address these challenges, numerous methods have been proposed. This paper provides an in-depth review of recent advancements in DL-based condition monitoring (CM) using 3D PCs, with a specific focus on defect shape classification and segmentation within industrial applications for operational and maintenance purposes. Recognizing the crucial role of these aspects in industrial maintenance, the paper provides insightful observations that offer perspectives on the strengths and limitations of the reviewed DL-based PC processing methods. This synthesis of knowledge aims to contribute to the understanding and enhancement of CM processes, particularly within the framework of remaining useful life (RUL), in industrial systems.
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