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"room to increase" is a correct and usable phrase in written English.
It means that there is space or potential for something to grow or expand. It is often used in a business or financial context to refer to the potential for growth or improvement. Example: "Although our company is already profitable, there is still room to increase our market share and revenue through targeted marketing strategies."
Exact(56)
Neither is there much room to increase circulation revenue.
It has plenty of room to increase domestic demand.
That might give the stock room to increase in value on its first day of trading.
In addition, Long Island's four waste-to-energy incinerators have room to increase capacity.
They have also left themselves room to increase borrowing for capital investments.
There is no room to increase the rent in this example by $180 more an acre.
He added that, assuming a stable economy and stock market, "prices have room to increase still further".
Other countries such as the US and the main European nations have plenty of room to increase their deficits".
Similar(3)
Given the effort made in today's birthing rooms to increase women's childbirth satisfaction, special attention is directed to midwives' expressions of authenticity (namely to display emotions that he/she actually experience) in birth encounters.
As time passed, features were added to the initial concept, either additional exhibits or rooms to increase visitors' experience, but at the same time, the need to extend the delight was never lost from sight.
Writing in 1891, Llewellyn Thomas noted that the plaster roof was added to create attic rooms to increase the accommodation of the lodgings.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com